In a hearing with Congressional Budget Office Director Doug Elmendorf yesterday, GOP Rep. Paul Ryan discussed the CBO report's finding that work disincentives will cause the equivalent of more than two million full-time workers to leave the workforce.
The Congressional Budget Office's long-term budget update was released today, and there are important updates from its previous projections relating to recent legislative changes. Guy will have more, but there are a few important things to remember.
Elected Democrats and movement progressives are up in arms over the meager cuts to the Supplemental Nutrition Assistance Program (SNAP - commonly known as food stamps).
A new CBO report exposes the explosion in Pell grant subsidies for college students over the last seven years and options to rein in the substantially-higher spending.
One of the most significant votes in the recent Senate budget vote-o-rama was on the federal death tax.
There are three major factors that stand in the way of entitlement reform and the other responsible budgetary measures that must be taken to avert an eventual national financial catastrophe, and they have a common source.
Senate Democrats are finally beginning the process of writing a budget after four years of dereliction. They will almost certainly include some changes to Medicare, the largest driver of federal spending and debt.
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