Congress is using a budget gimmick to bail out the Highway Trust Fund.
The government made over $100 Billion in improper payments last year. But how much is that, really?
On July 15, the non-partisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook for 2014.
The CBO’s new report projects growing deficits and greater risk of fiscal crisis.
The U.S. Department of Treasury released its monthly treasury statement yesterday, measuring the deficit for May 2014 at $130 billion.
A vote last week froze congressional salaries at $174,000 per year and was attached to legislation funding the government in January 2009. However, The Washington Post notes, “they couldn’t quite part with that monthly allowance covering the lease on their cars, a cost of nearly half a million dollars a year.”
The nonpartisan Congressional Budget Office (CBO) released a revised estimate of its budget projections this week.
Yesterday, the nonpartisan Congressional Budget Office (CBO) released its updated budget projections for 2014 to 2024.
Yesterday, the House approved the fiscal 2015 budget proposal put forth by Rep. Paul Ryan. The budget proposal calls for $5 trillion in cuts to federal spending through significant reforms to social programs.
Last night, the House rejected a GOP budget alternative based on President Obama’s 2015 budget proposal.