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Federal Budget

Congress Must Hear the Cries of Hunger From Abroad

William Lambers | Posted 04.17.2015 | Politics
William Lambers

We can definitely increase the resources for food aid programs, which are about less than one tenth of 1 percent of the federal budget. They can certainly be increased from this relatively tiny level of spending. Food is peace. Congress must remember this as it crafts the new budget in the coming months.

Repealing the Estate Tax Is Wrong for America

Rep. John K. Delaney | Posted 04.15.2015 | Politics
Rep. John K. Delaney

Repealing the estate tax won't create jobs, it won't boost GDP and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen economic inequality.

Getting Our Pennies in Priority for Tax Day

Susan Shaer | Posted 04.15.2015 | Politics
Susan Shaer

We are what we spend. If we let the Pentagon consume the largest part of our discretionary budget, then we give license to be defined in those terms. We will continue to address global problems with bombs rather than diplomacy. We should not be satisfied with that.

Will 2014 Be a Holiday for Tax Cheats?

Scott Lilly | Posted 04.13.2015 | Politics
Scott Lilly

A government agency with a salary structure that makes it nearly impossible to compete against the best legal and accounting firms in the country in the best of times is being forced to fire staff, furlough its remaining employees and subject those who remain to ever-increasing workloads while at the same time the complexity of that workload is increasing exponentially.

Fed Near the Cliff

Michael Farr | Posted 04.09.2015 | Business
Michael Farr

The incessant parsing and analysis of each and every Fed utterance is becoming quite comical. God love Steve Liesman and Mark Zandi, but are they really adding much value by trying to read between the lines of each statement from each Fed member?

Fly Me to the Moon!

Clayton Anderson | Posted 04.06.2015 | Science
Clayton Anderson

Yes, I know the current push by our Federal Space Agency on social media is #JourneytoMars, but are we ready? Really ready? Nope, I don't think we're even close.

Why Do Interest Rates Keep Decreasing?

Michael Farr | Posted 03.27.2015 | Business
Michael Farr

The market's response to Wednesday's economic data was somewhat perplexing at first blush.

A Budget That's Best for All Americans

Rep. Jan Schakowsky | Posted 03.19.2015 | Politics
Rep. Jan Schakowsky

The "People's Budget," which I helped draft, strikes a strong contrast with the Republican plan. It rewards hard work and invests in our country. It ensures that everyone has an opportunity to get a good education, find a good job, live in a safe and secure home, put food on the table, have affordable health care, save for retirement and maybe have a little left over.

This Is Your Safety Net on Block Grants

Jared Bernstein | Posted 03.16.2015 | Politics
Jared Bernstein

We're talking about block grants because the Republican budget resolutions are coming out this week and such budgets have used this mechanism to propose deep cuts in Medicaid and SNAP (food stamps).

Time To Get Moving On Transportation Funding

Charleta B. Tavares | Posted 03.02.2015 | Politics
Charleta B. Tavares

The federal budget is a reflection of our nation's priorities. As the budget debate heats up in Washington, Congress must choose between investing in a safe and economically secure America, or siding with special interests and continuing to spend billions on wasteful programs that military leaders do not even want.

The End of the Gravy Train?

Michael Farr | Posted 04.25.2015 | Business
Michael Farr

In the summer of 2013, a sharp spike higher in interest rates caused by the "taper tantrum" (fear that the Fed will soon end monetary easing) reduced both housing affordability and the opportunities to lower mortgage rates through refinancing.

President Obama's Budget: Five Small Steps Forward, One Big Step Back

Doug Hall | Posted 04.22.2015 | Politics
Doug Hall

Unfortunately, this year's budget continues the harmful framework imposed by the Budget Control Act of 2011 of "trading off" defense spending with domestic needs. Once again, increased defense spending has been blindly offered to balance an equal amount of increased investment in job creation and training, education, climate change, and other priorities combined.

Opportunities for Women in the President's Budget?

Amanda Andere | Posted 04.21.2015 | Women
Amanda Andere

As an organization with a 50-year history of ensuring that the gender and economic security lenses are included in policy and budget discussions, Wider Opportunities for Women, had one question in reviewing the President's proposed budget, "Are there opportunities for women?"

Keep Medicaid 'Medicaid'

Elizabeth Taylor | Posted 04.13.2015 | Politics
Elizabeth Taylor

Fifty years since its enactment, Medicaid has proven over and over again to be successful in achieving what it is designed to do: provide needed health care coverage to the most vulnerable individuals.

How to Profit From the President's Budget

Gene Marks | Posted 04.12.2015 | Small Business
Gene Marks

You have people that rely on you and you must plan accordingly to profit from Washington's policies, whether you agree with them or not.

It's Time to Invest in Nutrition

Robert B. Blancato | Posted 04.07.2015 | Politics
Robert B. Blancato

As Congress prepares to move its own budget process, it should embrace those proposals that constitute sound investments as compared to just expenditures. Older adults are an important resource to their families, their communities and their nation.

Land of (Missed) Opportunity: Obama's Budget and the Fight Against Child Poverty

Angela Glover Blackwell | Posted 04.07.2015 | Politics
Angela Glover Blackwell

The child poverty of today doesn't have to be the legacy of America's tomorrow. As a nation, we must take bold steps to ensure that all of the nation's children can succeed at school and in the workforce.

President Obama's Budget Highlights Investments to Curb Climate Pollution and Protect Vulnerable Communities

David Doniger | Posted 04.05.2015 | Green
David Doniger

The world's best scientists are telling us that our activities are changing the climate, and if we do not act forcefully, we'll continue to see rising oceans, longer, hotter heat waves, dangerous droughts and floods, and massive disruptions that can trigger greater migration, conflict, and hunger around the globe.

Statement of Robert Greenstein on the President's 2016 Budget

Bob Greenstein | Posted 04.04.2015 | Politics
Bob Greenstein

President Obama is proposing a surprisingly ambitious budget that would make progress -- in some cases modest, in others large -- in various areas in ...

Senators Race To See Who Can Ban Taxpayer-Funded Oil Portraits First

The Huffington Post | Maxwell Tani | Posted 01.31.2015 | Politics

Someone get Chuck Hagel a frame for his government ID card. If some members of Congress get their way, that might be the only official portrait taxpay...

Put the Pentagon On a Real Budget

William Hartung | Posted 04.01.2015 | Politics
William Hartung

It's budget season again, which means it's time for another round of budget gimmicks on the part of the Pentagon. The Obama administration's new Pentagon budget proposal exceeds the budget caps established in current law by $34 billion. That's a hefty sum even by Pentagon standards.

A Race Against Time

Michael Farr | Posted 04.01.2015 | Business
Michael Farr

The year 2015 may yet produce solid returns for investors in US stocks. However, it's looking more and more likely that TINA ("There Is No Alternative"), more than any other factor, will be responsible rather than strong earnings growth.

In the Balance: The Public and the Federal Budget Deficit

Kathleen Weldon | Posted 03.30.2015 | Politics
Kathleen Weldon

Some economists on the left argue that the deficit is not a serious threat to the health of the economy, while other experts say that projected increases show that long-term solutions need to be found. What does the public think about this debate?

The Inequities in Roe's Wake

Elizabeth Taylor | Posted 03.24.2015 | Politics
Elizabeth Taylor

On yet another anniversary of Roe, women's health opponents in Congress will mark the occasion by voting for a national ban on abortion at 20 weeks. Even if the ban fails, the right under Roe will still not be realized for millions of women.

Bold Action Plan or Delusional Rant?

Michael Farr | Posted 03.23.2015 | Business
Michael Farr

Wherever you stand on the political spectrum, I think there are some undeniable truths regarding our economy that need to be addressed before we reach the next phase of robust and sustainable economic growth.