Donald Trump, the presumptive GOP presidential nominee, has stirred up considerable controversy by suggesting that the federal government might be able to “make a deal” with its creditors
In a bipartisan program on Capitol Hill last week, two fiscal experts pointed to several factors that are driving long-term federal borrowing and called for a renewed focus on deficit red
An estimated $458 billion a year in federal taxes went unpaid in 2008 through 2010, the Internal Revenue Service reported recently.
The most notable cost-related changes in the health care system over the past decade have attacked some of the misaligned incentives in the system, and those efforts have helped slow health-care cost growth in recent years.
Health care cost-control efforts in the United States can often be described simply as “changing incentives.” The focus on incentives can be traced to two main circumstances:
1) The majority of politicians have opposed efforts to reduce costs simply through government price-setting, a mechanism widely used around the world to control costs.
Playing to the frustration Americans often feel around tax-return season, many lawmakers last week targeted the IRS with criticism and an array of proposals with little chance of becoming
Military operations against the terrorist organization ISIS in Iraq and Syria have cost $7 billion, according to a recent Pentagon report.
With the federal budget deficit on the rise again and the nation’s debt still on an unsustainable long-term path, The Concord Coalition has released this year’s “Key Questions” that voters should ask candidates for federal office.
“Voters should expect candidates in this year’s elections to explain how they intend to deal with the huge challenges ahead,” Concord says. “This is no time for vague rhetoric and petty partisan jabs; voters should insist on credible solutions -- the more specific, the better.”
A pair of Republicans on the House Rules Committee recently discussed proposals to alter the rules for the consideration of spending bills. The effort drew attention – and opposition – from Rules Committee Democrats and Appropriations Committee Republicans alike.
Congress missed its statutory deadline on Friday for approving a budget resolution to frame work on spending legislation for Fiscal 2017, which begins Oct. 1.