Why does President Obama have time to release his final four picks for the NCAA basketball tournament, but can’t meet the federal budget deadline? For the past two weeks in Washington, Representative Paul Ryan (R-WI) and Senator Patty Murray (D-WA) have squared off in a battle over the federal budget, …
The Republican Study Committee (RSC) has proposed a budget that balances in just four years while holding tax revenue at near its historical average. It advances more aggressive entitlement reforms than the House Budget Committee plan, including Social Security, and features deeper spending cuts. Nevertheless, the plan also suffers weaknesses, …
Congressman Paul Ryan’s (R–WI) budget outline calls for federal employees to contribute more to their pensions, but the American Federation of Government Employees (AFGE) is none too happy about it. In noting that total federal employee compensation is currently excessive, Ryan is on solid empirical ground. But instead of trying …
This week, the budget committees of both chambers of Congress released their budgets ahead of President Obama’s budget—marking the first time in 92 years that Congress kicked off the budget process instead of the President. The House budget, under the helm of Chairman Paul Ryan (R–WI), delivers a balanced budget …
The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from the White House: that House Republicans who are demanding spending reductions in exchange for increasing the debt limit would compromise the full faith and credit …