Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell continue to work on a plan that would let President Obama raise the federal debt limit in increments while allowing congressional Republicans to repeatedly vote against the increases.Recent reports…
Recent reports by Brown University and the Congressional Budget Office (CBO) underscore the need for Congress to honestly account for war costs, both past and present, and to factor them into long-range planning.The Brown University report, authored by Neta C.…
Both negotiations and the war of words continue over raising the federal debt limit and curbing future deficits. Further talks are planned this week, with the Treasury continuing to warn that congressional inaction by Aug. 2 risks “catastrophic” economic damage…
Hundreds of people gathered in several cities around the country last week to wrestle with the difficult decisions that are needed for the federal government to rein in future deficits while still meeting its fundamental responsibilities.The events were hosted by…