With a sharp drop in the federal deficit last year and voters disgusted with Washington’s budget showdowns, there is a broad consensus among elected officials in both parties to shift the political spotlight away from fiscal reform efforts for a…
Congressional negotiators are reportedly moving towards a limited budget agreement that would avoid another government shutdown but generally fails to pursue substantial fiscal reforms.A budget conference committee was given until this Friday to come up with a belated compromise plan…
Although the federal deficit fell sharply over the last year as the economic recovery continued, this good news should not be used as an excuse to ignore the serious fiscal challenges that Washington still needs to confront.The deficit for Fiscal…
Worried and frustrated by Washington’s latest fiscal fights, a panel of experts on the federal budget last week faulted elected officials in both parties for irresponsibility, inflexibility and, in some cases, lack of common sense.The situation led former senator Sam…