President Obama’s inaugural address Monday touched lightly on the subject of deficit reduction, but it failed to convey the magnitude of the fiscal problems facing the country and the urgency with which they should be corrected.On the positive side, Obama…
After months of debate and negotiation, Congress on Tuesday approved legislation to avoid the most immediate consequences of the “fiscal cliff” but that falls far short of the more comprehensive reforms that many advocates of fiscal responsibility had hoped to…
The Bipartisan Policy Center (BPC) on Monday released an update of the broad plan for fiscal reform that its Debt Reduction Task Force recommended in late 2010. The update, like the original version, takes what the task force describes as…
Washington officials are sending conflicting signals over talks between the White House and congressional leaders to avoid the fiscal cliff while also moving the country forward on long-term deficit-reduction.President Obama talked by phone with House Speaker John Boehner and Senate…
