Although the Department of Transportation (DOT) announced last week that the Highway Trust Fund will not be exhausted until mid-2016, Transportation Secretary Anthony Foxx is warning lawm
Old habits die hard; for the House Ways and Means Committee, the pesky habit is trying to extend expired tax breaks without paying for them.
Although September is half over, there has been little evidence of progress on Capitol Hill towards even a short-term budget deal that would keep the government running after the next fis
On its current path, the $18.1 trillion debt is projected to rise to nearly $27 trillion -- and perhaps even more -- by 2025.
The House Ways and Means Committee has approved a measure that supporters incorrectly claim would prevent federal defaults if the statutory debt limit were reached.
The House Ways and Means Committee approved a measure last week that would allow the Treasury to continue issuing new debt to pay interest on the publicly held debt and Social Security benefits even if the statutory debt limit has been reached.
With a particularly destructive wildfire season this year, the U.S.
Skyrocketing prescription drug costs have blown a hole in the Pentagon’s health care budget but lawmakers disagree on how to lower these costs, with many of them unwilling to alter milita
Back from its long August recess, Congress faces some difficult decisions and tight deadlines, the result of another collapsed budget process and persistent procrastination this year.