The Government Accountability Office (GAO) on Monday issued the fall update of its long-term fiscal outlook, underscoring the need for a more sustainable fiscal path in Washington.As in the past, the GAO presents two different simulations: the Baseline Extended, which…
This is Part I of a two-part series of posts on the presidential candidates' fiscal policies. Part II examines President Obama's plans. As election day approaches, it is appropriate to look at what we know and what we don’t know…
Election-year politics were on full display last week as Democrats and Republicans pushed familiar positions on taxes and health care rather than moving in more constructive directions on fiscal reform. President Obama repeatedly called on Congress to approve his proposal…