With large numbers of baby boomers moving into their retirement years, the federal government corporation that insures pension benefits for nearly 40 million workers and retirees faces gr
On Jan.
An amazing thing happened in Washington recently.
Once again, federal lawmakers have turned to a familiar tactic to keep the government operating and delay significant decisions to a later date: the Continuing Resolution (CR), a stopgap measure that generally extends federal funding at current levels.
The House and Senate left town last week after passing a CR to keep the government operating through next April, when the new fiscal year will be more than half finished. Many experts warn that CRs are irresponsible, short-sighted measures that merely punt serious fiscal decisions to a later date.
Once again, federal lawmakers have turned to a familiar tactic to keep the government operating and delay significant decisions to a later date: the Continuing Resolution (CR), a stopgap measure that generally extends federal funding at current levels.
The House and Senate left town last week after passing a CR to keep the government operating through next April, when the new fiscal year will be more than half finished. Many experts warn that CRs are irresponsible, short-sighted measures that merely punt serious fiscal decisions to a later date.
As Donald Trump prepares to become the nation’s 45th president, he must quickly turn his attention to converting campaign promises, which lacked detail, into his first budget.
Lawmakers reached agreement on and passed a short-term Continuing Resolution (CR) last week to keep the government open through Dec. 9. The measure includes $1.1 billion in funds to fight the Zika virus and a full year’s worth of appropriations for the Department of Veterans Affairs and military construction projects.
Lawmakers ought to have an opportunity to vote on a common-sense proposal to shift the federal government to a biennial budgeting cycle before leaving town at the end of September, Concor
The House Budget Committee released a paper last week examining potential alternative options for budgeting as part of an ongoing effort to propose ideas to overhaul the Congressional Bud
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.