Future U.S. economic growth, living standards and even national security will depend upon the American public pushing for fundamental reforms in the federal budget -- and on elected leaders following through. “So far we have all been faltering,” says Chase…
As we head into Fiscal Year 2016, Congress has yet to pass appropriations bills for the full year. A Continuing Resolution approved by Congress and the President will fund the government through December 11, 2015. The possibility of a government…
After a larger deal fell apart, the House recently voted 378-46 to approve a one-year extension of more than 50 lapsed tax breaks for businesses and other special interests -- unfortunately, without paying for them. The Joint Committee on Taxation…
The Congressional Budget Office (CBO) today released new long-term projections that underscore the need for Washington to move beyond excessive partisanship and budget gimmickry to pursue the broad fiscal reforms necessary to meet the nation’s fiscal and demographic challenges.“There are…