A new survey of older adults in 11 industrialized countries finds that the Americans “are sicker than their counterparts abroad” and more likely to report problems paying their medical bi
With federal spending legislation set to expire next week, appropriators continue to work on a tardy “omnibus” plan for the rest of Fiscal 2015.
Lawmakers are now focusing on extending a series of tax provisions mainly benefiting businesses for one year after a much larger deal that would have added hundreds of billions of dollars to the deficit collapsed last week.
Rising compensation costs were a major driver of growth in the defense budget from 2000 to 2014, according to a new report by the Congressional Budget Office (CBO).
The federal agency that insures pension benefits ran a record deficit of $62 billion in Fiscal 2014, up from $36 billion in 2013, and is warning of difficult times ahead.
Members of Congress went home for their Thanksgiving break amid growing doubts about whether they will be able to pass appropriate budget legislation before the end of the year.
Congressional appropriators are continuing to negotiate on legislation to fund the government in Fiscal 2015, which began Oct. 1.
Congress will soon have to decide whether to approve the administration’s recent $5.6 billion request for additional Overseas Contingency Operations (OCO) funding to fight ISIS.
The contingency fund generally supports activities related to immediate war efforts and is exempt from federal spending caps. The new request includes money for U.S. military advisors and to equip and train Iraqi and Kurdish soldiers.
Part of the long to-do list for the lame duck Congress is deciding whether to authorize new spending for operations against ISIS while setting broader defense priorities in a constrained fiscal environment.
The administration recently requested an additional $5.6 billion in Overseas Contingency Operations (OCO) funding for Fiscal Year 2015 to fight ISIS.
With the contentious mid-term elections over, elected officials should look forward to seize opportunities for bipartisan compromise to reduce projected deficits and meet at least some of