#Federal Budget

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Under Paul Ryan’s budget plan, the country’s three big entitlement programs – Social Security, Medicare and Medicaid – would make up a larger share of non-interest federal spending than they would under the budget President Obama proposed earlier this year.It…


* Updated based on the CBO Preliminary Analysis of the President’s Budget released on March 18 As the new chairman of the House Budget Committee, Paul Ryan faces a daunting task in producing a budget resolution that satisfies the policy goals…


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…


President Obama’s Fiscal Year 2012 budget is not a bold policy proposal. It is an oddly complacent budget for a situation that requires anything but complacency.Faced with a growing chorus of warnings from official and unofficial sources that we are…


Whether the United States can move beyond “deficit denial” may depend on three elected officials who will each present a budget plan early next year: President Obama, incoming House Budget Chairman Paul Ryan (R-WI), and Senate Budget Chairman Kent Conrad…


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 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…)


Good news comes and goes rather quickly in the 2010 Medicare Trustees’ Report, says Concord Executive Director Bob Bixby. The report begins by saying that this year’s health reform bill substantially improved Medicare’s finances. But it also warns that future…


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…


With President Obama’s bipartisan fiscal commission preparing for its first meeting tomorrow, some lawmakers are wisely urging its members to put a high priority on public engagement and listening to the views of Americans around the country.“Public forums should be…


Federal Reserve Chairman Ben Bernanke said last week that the country must start making tough decisions to rein in future deficits while still meeting the economic needs of an aging population. His unusual focus on fiscal policy came as International…


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…

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