Congressional Budget Office
Federal officials recently made some discouraging predictions about the future of American health care.
There's something eerie about writing about the federal budget for the Ides of March, considering all the political backstabbing going on right now. But there are good things happening in regard to the federal budget, too.
The episode of sequestration – the $85 billion in automatic, across-the-board spending cuts that take effect today – reminds us of what happens when legislators cease to legislate.
Economics is not an experimental science. We can't say to Congress, "Honorable ladies and gentlemen, please drastically raise taxes and cut spending all at once so we can measure the effects on the economy of changes in the federal government's budget." This is not what elected officials do.
The Tea Party set the agenda.
The debate over the federal deficit is going to involve a lot of rhetoric before the 2012 election is over, but numbers will be coming up, too. And so will charts based on the data.
VALPARAISO | The nation's fiscal situation is one of many crises facing the country, Indiana's junior U.S. senator said Monday.
The federal budget deficit is enormous, and the national debt is growing. So the pollsters are asking the public what should be done. The latest poll I've seen was done for NBC and the Wall Street Journal at the end of February. I found it on the Web by searching "NBC deficit poll."
A year ago today, despite the objections of millions of Americans, President Barack Obama signed his health care reform package into law.
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