Center On Budget And Policy Priorities News
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The Senate halted efforts to legislate an immediate end to furloughs of air-traffic controllers, as delays blamed on staffing shortages continued at some of the largest U.S. airports.
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A loose coalition of anti-tax activists, direct marketers and financial industry trade groups has a tough task this week in overcoming bipartisan support for letting states impose sales taxes on out-of-state sellers.
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President Barack Obama and congressional Republicans are $1 trillion and a conceptual leap apart on taxes, a policy gap accentuated by the administration’s 2014 budget.
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David Stockman’s warning that the Federal Reserve’s quantitative easing is steering the world’s largest economy toward a crash is at odds with nine quarters of job growth, record stock prices and unprecedented corporate earnings, former fiscal and monetary policy makers said.
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The spending bill Congress passed shows $1.2 trillion in budget cuts that weren’t supposed to happen are now part of the political landscape.
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A winning $338 million Powerball ticket was sold at a Passaic liquor store, the executive director of the New Jersey Lottery said.
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Ashlee Fields, a single mother in Washington, D.C., knows she could be among 600,000 people culled from a food-aid program after U.S. budget cuts take hold.
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There are two main problems with sequestration. The first is that the $1.1 trillion in budget cuts happen in an idiotic, across-the-board fashion. Think farm subsidies are less valuable than medical research, and thus should take a bigger cut? Too bad. Sequestration is too dumb to tell the difference.
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A plan to cap U.S. government spending that’s gaining support in the Senate could require deep cuts to Medicare and Medicaid that parallel those proposed in House Republican Paul Ryan ’s budget.
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The ranks of poor Americans remained at a record high number last year, even after government-aid programs such as food stamps, housing vouchers and heating subsidies were included, the U.S. Census Bureau said today.
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