Appropriations remain on the agenda this week as Congress considers yet another short-term continuing resolution (CR). A new CR is necessary to prevent a government shutdown when the current one expires this Friday.After the Senate last week rejected both a…
The Federal Housing Finance Agency (FHFA) recently released projections showing that Fannie Mae and Freddie Mac could require between $73 billion and $215 billion in additional help from the U.S. Treasury through 2013.The FHFA oversees Fannie Mae and Freddie Mac,…
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…
Trustees of the Social Security system have long warned that as more and more baby boomers retired, Social Security would eventually start sending out more money in benefits than it was collecting from its payroll tax. At that point the…