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Federal Budget

Our Shamefully Wimpy War Against Cancer

Dr. Sten Odenwald | Posted 04.16.2014 | Healthy Living
Dr. Sten Odenwald

Why do so many groups think that $4.9 billion per year is an acceptable level for cancer research and vote to continue this year after year, even though nearly everyone will have to deal with cancer during their lifetimes? Who came up with this figure?

Where Federal Education Funds Should Really Be Going

Avi Yashchin | Posted 04.04.2014 | Education
Avi Yashchin

Despite its affordability, its relevance to today's workforce needs, and its potential to curtail student debt and unemployment, vocational training continues to take a back seat to other educational avenues.

Preview of New Ryan Budget: As Extreme as Last Year's, If Not More So

Joel Friedman | Posted 03.31.2014 | Politics
Joel Friedman

Basic budget arithmetic suggests that House Budget Committee Chairman Paul Ryan's coming budget will be at least as extreme as his budget last year, and likely more so.

The Declining Trade Deficit Is Good News

Jerry Jasinowski | Posted 03.25.2014 | Business
Jerry Jasinowski

We have been getting significant positive economic news of late, but here is one you may have missed because for some reason it has not generated much media coverage. Our nation's current account deficit -- the trade deficit -- in the last quarter of 2013 was the lowest it has been in 14 years.

Want to Be Better Off? Get Congress to Do This

Karen Dolan | Posted 03.13.2014 | Politics
Karen Dolan

I don't know about you, but I sure would like to be "better off." Ten and a half million U.S. workers are unemployed and many of those have been sear...

Congress Must Step Up for Veterans

Bill Lawson | Posted 03.14.2014 | Impact
Bill Lawson

We need a solid promise of sufficient, timely and predictable funding for Veteran Affairs in order to meet the needs of a new generation of returning veterans as well as those of previous eras.

What Budget Autonomy? D.C.'s Reproductive Health, Voting Rights Under Threat in FY15

Joan Shipps | Posted 03.06.2014 | Politics
Joan Shipps

If history is any guide, Congress will tinker with the President's language about the District before it approves a budget for the fiscal year. The residents of D.C. are watching closely to see which decisions of our elected officials will be overturned.

Top Five Things to Know About President Obama's 2015 Budget Proposal

Jo Comerford | Posted 03.05.2014 | Politics
Jo Comerford

The president wants to provide pre-kindergarten to every student and expand the existing Head Start program, which provides early childhood education to low-income families. The budget proposal would dedicate $66 billion over 10 years to this initiative.

Obama Budget Panned By GOP

AP | Posted 03.05.2014 | Politics

WASHINGTON (AP) — Republicans are dismissing President Barack Obama's new $3.9 trillion budget as nothing more than a Democratic manifesto for this ...

President Obama's Budget Is a 'Solid Blueprint'

Bob Greenstein | Posted 03.04.2014 | Politics
Bob Greenstein

President Obama's new budget is a solid blueprint that would reduce deficits, alleviate poverty, and boost investment in areas needed for future economic growth, such as infrastructure, education, and research.

A Funding Model to Tip the Scales of Justice: Success Oriented Funding

Inimai Chettiar | Posted 03.13.2014 | Crime
Inimai Chettiar

Co-authored by Marc Levin, director of the Center for Effective Justice at the Texas Public Policy Foundation In the past, the right has called the l...

Camp Tax Reform Plan Likely Means Bigger Deficits After First Decade

Chye-Ching Huang | Posted 02.26.2014 | Politics
Chye-Ching Huang

On revenue neutrality, the plan uses revenue-raising provisions whose savings taper off or disappear after the first decade, and it includes a major tax cut whose full costs don't appear in the first decade.

Mother Nature Clouds the Outlook

Michael Farr | Posted 02.25.2014 | Business
Michael Farr

How much of the slowing can be blamed on Mother Nature? Nobody knows for sure, of course, but there is enough reason to believe that the brisk pace of growth recorded in the second half of 2013 will not be sustained in 2014.

President's Budget to Propose Building on Murray-Ryan Agreement

Joel Friedman | Posted 02.20.2014 | Politics
Joel Friedman

The administration proposal highlights that the funding levels under current law will deprive the nation of worthy investments in such areas as infrastructure, research, and education, and it urges Congress and the nation to evaluate whether the benefits of higher spending in those areas outweigh the costs of cutting certain programs and raising certain revenues.

Why a Higher Minimum Wage Is a Net Win for Most Income Groups

Arloc Sherman | Posted 02.20.2014 | Politics
Arloc Sherman

Yes, as widely reported, CBO estimates that a minimum wage hike to $10.10 would mean the loss of 500,000 jobs, and some business owners and shareholders would have lower profits. But, even after factoring in those costs, the wage hike would lift 900,000 people out of poverty.

Chained CPI Makes Sense Only Under Certain Conditions

Paul N. Van de Water | Posted 02.20.2014 | Politics
Paul N. Van de Water

Since Social Security benefits are modest, and since most beneficiaries have little other income, no one should propose a cut in benefits casually. We've said time and again that the chained CPI is worth considering only if two crucial conditions are met.

The VIX Also Rises

Michael Farr | Posted 04.05.2014 | Business
Michael Farr

The more people working, earning income and spending, the greater the economic benefits. The masses move the needle, not the 1% at the top.

7 Reasons Why You're Not Hearing So Much About the Budget Deficit These Days

Jared Bernstein | Posted 04.02.2014 | Politics
Jared Bernstein

The deficit hawks' prophecies of near-term doom have not materialized.

Investing in Medical Research for the Future of Our Health and Economy Should Be a No-Brainer

Jeffrey A. Lieberman, M.D. | Posted 03.26.2014 | Politics
Jeffrey A. Lieberman, M.D.

We've made irresponsible, irrational budgetary choices when it comes to biomedical research. As a consequence, we're inflicting damage on our biomedical research enterprise that will take years if not decades to repair.

It's a Matter of Priorities

Rep. Charles Rangel | Posted 03.18.2014 | Politics
Rep. Charles Rangel

It is clear the pledge made to Grover Norquist is stronger for some in Congress than the pledge they have made to our troops. It is absolutely reprehensible that the richest country in the world will not keep its promises to its voluntary military.

A Few Final Thoughts on the Budget Deal

Jared Bernstein | Posted 02.19.2014 | Politics
Jared Bernstein

It's not over -- they still have to appropriate their new top-line spending numbers down to all the agencies -- but it looks like the budget deal that quite handily cleared both chambers will soon be enacted. But I've got a few lingering thoughts

Bipartisan Budget Agreement Doesn't Make Partisan Bickering Look So Bad

Ivan Eland | Posted 02.15.2014 | World
Ivan Eland

On the defense budget, over the next two budget years, which the agreement covers, the accord will nearly wipe away the effects of the sequester "decision rule" -- under which across-the-board cuts had to be made.

The Budget Deal's Crass and Craven Politics

Chris Weigant | Posted 02.10.2014 | Politics
Chris Weigant

To me, the most appropriate headline from the new budget deal should really be: "Democrats And Republicans Agree To Remove Budget Negotiations From 2014 Campaign, Out Of Fear."

Statement on the Murray-Ryan Budget Agreement

Bob Greenstein | Posted 02.10.2014 | Politics
Bob Greenstein

While the agreement has some disturbing omissions and unattractive features, overall it is a modest positive step because it eases sequestration, particularly in 2014.

State Fiscal Picture Brightens But Uncertainly Lingers Into 2014

Pew's Stateline | Elaine S. Povich | Posted 12.11.2013 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...