President Obama will deliver his final State of the Union address tonight, reviewing his accomplishments and presenting what White House Chief of Staff Denis McDonough described Sunday as
Republican presidential candidate Rand Paul will discuss his federal budget plans in an interview that will air at 1 p.m.
“Save more for retirement” undoubtedly made it onto many New Year’s resolutions lists.
Congressional leaders say they are aiming for a more timely and effective budget process this year, one that would let the government start the next fiscal year on Oct.
Citing a strengthening U.S.
The Congressional Budget Office reiterates warnings about Social Security’s long-term finances in a new report that illustrates the need for substantial reforms in the largest single prog
Congress rushed through a budget package last week that will increase spending in the current fiscal year while adding hundreds of billions of dollars to the debt over the next decade by
The expensive tax breaks that lawmakers have been considering tend to get renewed annually.
Congressional negotiators have indicated they are making substantial progress on deals that would cover spending plans for the rest of Fiscal 2016 and the extension of a number of tax breaks for businesses and individuals.
With the fiscal year already two and a half months old, the $1.1 trillion spending plan is long overdue. To avoid a government shutdown, lawmakers last week moved their self-imposed deadline for a deal to this Wednesday, and another delay is likely this week as lawmakers consider whatever legislative proposals emerge from the negotiations.
Donald Trump is often described as an “unconventional” candidate. On the federal budget, however, his campaign promises are entirely too conventional.
As Concord Coalition Executive Director Robert L. Bixby writes in a new blog post, some candidates deny the necessity of entitlement reform. Some want enormous tax cuts without offering credible proposals to prevent this from worsening the debt.