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
The Senate Budget Committee heard testimony last week on potential changes to the federal budget process that would better take into account the long-term trends affecting the nation’s fi
President Obama and congressional leaders have put together a proposed budget deal that would avoid an immediate federal debt crisis and give appropriators time to fund the government bef
In the latest Fiscal Fridays interview, Republican presidential candidate Lindsey Graham said substantial reforms to the tax code and federal entitlement programs are essential to reducin