Former Iowa Congressman Leonard Boswell died last week at the age of 84. He was a devoted husband, father and grandfather, a Vietnam War hero, and a champion of fiscal responsibility.
“It is totally irresponsible that nobody is focusing on the debt, because it is our biggest problem,” said former Congressman Chris Shays.
“When you are in power... you are hesitant to change the status quo because you don’t know what the consequences may be,” said former U.S. Rep. Charlie Bass.
The Central States Pension Fund is warning the 400,000 retirees and workers it covers that it will be insolvent by the start of 2025 and is urging them to push Congress to pass legislatio
Through taxes and a wide array of programs and benefits, the federal budget affects every person and community in the country.
As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic grow
The GOP-led Congress failed to pass a budget by April 15 this year, violating a federal law and earning another black mark on the party’s record of fiscal stewardship. . . .
In his first appearances on Capitol Hill as the new Federal Reserve chairman, Jerome Powell strongly urged lawmakers to start putting the federal government on a better fiscal path.
Deficit spending is officially back in style, leaving Washington’s professional deficit scolds wondering how they’ll manage to persuade lawmakers to care about red ink again. . . .