New projections by the Congressional Budget Office (CBO) provide further evidence that candidates for federal office should address the nation’s worsening budget problems. “Voters are hearing a lot of expensive new proposals from candidates but not so much about how…
The next Congress will face difficult budget issues, ranging from the pending insolvency of the trust fund for Social Security disability insurance to proposals to overhaul the inefficient tax code. Yet many candidates for federal office this year -- Democrats, Republicans, incumbents…
As election day approaches, it is appropriate to look at what we know and what we don’t know about the two candidates’ fiscal policy proposals -- especially since we are unlikely to get any more details before the election. In…
The AARP has launched a misleading and divisive ad campaign aimed at excluding Social Security and Medicare from any deficit-reduction proposals that might be developed by the new congressional “super committee.”This could have a dramatic negative impact on other government…
Nov 2, 2010
Although today’s election will change the political landscape in Washington, unpleasant fiscal realities will remain: Rapidly rising medical costs, a Social Security system headed for insolvency, a deeply flawed tax system and federal debt that is on an unsustainable track.Will…
With its August update of the Budget and Economic Outlook, the Congressional Budget Office (CBO) has thrown sand into the political gears of both parties as they hone their fiscal policy arguments for the November elections. (more…)
With pressure mounting to show progress in reining in the nation’s unsustainable structural budget deficit, Social Security reform may soon return to the policy agenda. Presidents Bill Clinton and George W. Bush each made attempts at reforming Social Security in…
When Americans go to the polls on November 4, they will elect a president who will inherit an array of fiscal and economic challenges greater than any new administration has faced since 1933. In his Inaugural Address that year, Franklin…