Rep. Scott Rigell (R-Va.) has proposed legislation that would replace 75 percent of the sequester cuts scheduled under current law with a mix of reforms in “mandatory” spending programs and additional revenue from limiting certain tax breaks.
“In the aftermath of the bipartisan budget agreement, ideas like those in the Rigell plan could serve as models for long-term, bipartisan fiscal reform efforts in Congress,” says Phil LaRue, director of government relations for The Concord Coalition, in a new blog post.
In a new interview series, Republican presidential candidate John Kasich discussed his plans to revamp federal spending programs, make major changes in the tax code and eventually balance the budge
Emphasizing the nation’s fiscal challenges, Concord Coalition Executive Director Robert L.
Rep. Scott Rigell (R-Va.) recently offered the America First Act, a bill to replace 75 percent of the sequester cuts scheduled under current law with a mix of reforms in mandatory spending and revenue increases from limiting tax expenditures.
An interview next Monday with Ohio Gov.
The House is about to consider a 3-year highway bill financed with revenue unrelated to transportation.
Former U.S. Comptroller General David Walker warned Iowans last week not to be fooled by any presidential candidate who claims to have a magic bullet to deal with the national debt.
Hoping to heal deep internal divisions that have often involved fiscal issues, House Republicans chose their leading budget expert, Paul Ryan of Wisconsin, as their new speaker Thursday.
President Obama signed budget legislation Monday that removed the immediate threat of a federal default and established overall spending levels for the next two years for “discretionary”
A former top military official said last week that defense spending restraints after major conflicts have encouraged the Pentagon to innovate and prioritize while allowing the government