The official federal budget process was established in 1974 by the Congressional Budget and Impoundment Control Act. In ...
Federal spending can be divided into three main categories. The first category is mandatory spending, which is spending ...
On Sept. 8 the national debt increased by over $300 billion, surpassing $20 trillion for the first time ...
The original purpose of creating a statutory debt limit in 1917 was not to prevent the government from ...
Two deadlines converge by coincidence this year. They are not related to one another and the precise consequences ...
Some argue that cutting taxes will generate a level of economic growth sufficient to offset a substantial part, ...
Congress voted in February 2018 to again suspend the federal debt limit. On March 1, 2019, it went ...
During budget negotiations in the coming weeks, Congress should ensure that the Internal Revenue Service (IRS) has sufficient ...
Many politicians and members of the public who are frustrated with the inability of Congress and the president ...
A common excuse for inaction on federal deficits is that relative to the size of the economy, they ...
When The Concord Coalition was founded in 1992, the national debt was on a sharp upward trajectory. Yet ...
This past Saturday marked 20 years since President Bill Clinton signed the Balanced Budget Act of 1997 (BBA). ...
