The federal deficit jumped to $587 billion in Fiscal 2016, up from $439 billion the previous year, the Treasury Department reported Friday. As a percentage of GDP, the deficit increased to 3.2 percent, up from 2.5 percent in Fiscal 2015.…
Despite the professed interest of both Hillary Clinton and Donald Trump in discussing important issues, the second presidential debate on Sunday was another missed opportunity to seriously address the enormous fiscal challenges that will face the next president and Congress.…
Tonight’s vice presidential debate and next Sunday’s presidential debate offer more opportunities for the Democratic and Republican campaigns to put some much-needed focus on the growing federal debt and related issues such as tax and entitlement reform. Unfortunately, the debt…
After failing to approve any regular appropriations bills this year, Congress must take action this week on short-term stop-gap legislation to keep the government open after Friday. Fiscal 2017 begins Saturday and Congress should have approved a dozen appropriations bills…