National health care spending grew more quickly last year than in other recent years, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS).
Like zombies, more than 50 expired tax provisions came back from the dead last week when the Senate Finance Committee voted overwhelmingly to renew them for this year and next -- without
Competing House and Senate plans to stave off insolvency for the Highway Trust Fund have lawmakers scrambling to reach an agreement before Friday, when transportation programs expire and
Congress appears once again to have botched one of its key responsibilities: Approving a dozen spending bills for the coming fiscal year in a timely fashion.
The Medicare and Social Security trustees sent a blunt message in their latest annual reports: The programs’ long-term costs “are not sustainable with currently scheduled financing and wi
There is a sense of deja vu as lawmakers again struggle with short-term measures for the Highway Trust Fund rather than finding a permanent solution to its chronic financial shortfalls.
The White House has released its mid-year budget projections, saying they confirm that President Obama’s fiscal plan would stabilize the deficit within a few years without short-changing
Iowa voters can play a critical role in encouraging the presidential candidates to explain how they would deal with the $18 trillion federal debt, according to a guest column this week in the Cedar Rapids Gazette.
“Voters deserve to hear more than empty promises and simplistic solutions,” write Sara Imhof and Kim Reem. Both are involved in First Budget, a joint initiative of The Concord Coalition and Fix the Debt.
Last year the IRS hung up 544,000 times on taxpayers because the agency could not deal with everyone who needed information -- a practice it bafflingly describes as “courtesy disconnects.