Congress and the White House are accelerating their budget and debt limit negotiations amid growing concerns about the economic recovery and the possibility that a political stalemate could trigger turmoil in the financial markets.After only one meeting so far this…
Elected officials often approach discussions about deficit reduction as a zero-sum game in which compromise amounts to defeat. But as various experts and bipartisan groups have demonstrated, certain policy options could bring results that should please both parties.“The best ideas…
Last week Senate Finance Committee Chairman Max Baucus (D-Mt.) said "A debt reduction trigger could be an important part of passing legislation to reduce our debt and move our economy in a positive direction toward growth and job creation." He…
Congressional leaders have completed their appointments to a deficit-reduction panel proposed by President Obama but the group will have little time to develop a long-term plan, and some of those named have not shown great enthusiasm for the broad-based approach…
