To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing ...
While still working on tax legislation, Congress now finds itself in an all-too-familiar place: Only days away from ...
Individuals with the least wealth or income potential are the most dependent on government programs for support. Thus, ...
The federal government, like all entities that borrow money, pays for the privilege of doing so in the ...
At a public forum last week in New Hampshire, former U.S. senators Judd Gregg and Kent Conrad warned ...
While elected officials in Washington are considering various proposals that would increase the federal deficit, dozens of Iowa ...
The Senate Budget Committee has embraced deficit-financed tax cuts in its proposed budget resolution, showing an unwarranted disregard ...
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 ...
Two deadlines converge by coincidence this year. They are not related to one another and the precise consequences ...
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 ...
