Last week the Department of Health and Human Services (HHS) announced its second major move towards “bundled payments” in Medicare.
In the midst of a “bleak” time for the nation’s long-term finances, Phil LaRue, The Concord Coalition’s director of government relations, recently noted three small signs of fiscal life in Washington.
The Congressional Budget Office (CBO) and the Social Security and Medicare trustees continue to point out the dangerous consequences of continued failure to put federal finances on a sustainable path. But some lawmakers and candidates are promising large new tax cuts or benefit increases without considering their costs, LaRue writes in a blog post.
The overall budget picture in Washington remains bleak as lawmakers have left town without making any meaningful progress on the appropriations process. They are now anticipating a September scramble to approve a Continuing Resolution (CR) to keep the government open after the new fiscal year begins Oct. 1. This means Congress, yet again, would be falling back on legislation that indiscriminately maintains the funding levels of the previous year, with little or no attention to the necessity of increased or decreased funding levels for important programs.
The Office of Management and Budget (OMB) has released its annual Mid-Session Review, saying the President’s proposals for 2017 would substantially reduce the deficit from the one expecte
As Congress settles into a near seven-week recess, it seems increasingly likely that a stopgap Continuing Resolution (CR) will be needed before the Sept.
The national party conventions always feature lots of expensive promises, generally with little or no attention given to how they would be financed -- or even how the federal government m
Rep. Reid Ribble (R-Wis.) today released a comprehensive proposal to reform Social Security through both benefit changes and tax increases.
The United States faces an ever-changing landscape of national security challenges, from ISIS violence to concerns about recent Russian and Chinese actions.
Such challenges call for “long-term defense planning, the careful setting of priorities, and new policies to replace old ones that are no longer appropriate – no matter how politically difficult some of that may be,” says Chase Hagaman, New England regional director for The Concord Coalition.
The Congressional Budget Office has released 30-year projections that underscore the need for presidential and congressional candidates to offer credible plans for comprehensive budget re
Rep. Jim Renacci (R-Ohio) has introduced a measure to require annual fiscal reports from the U.S. comptroller general to a joint session of Congress.