Stay updated with breaking news from Budget Control. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
President Biden and House Speaker Kevin McCarthy met at the White House last week to kick off a dialogue about much-needed spending reforms and raising our nation's exploding debt limit yet again.
In 2017, the month of September brings a plethora of legislative deadlines requiring congressional action. When Congress returns from August recess, lawmakers will have only 12 legislative days to complete action on several high-stakes issues.
Chuck Schumer predicted that Democrats will win debt ceiling negotiations as Republicans demand structural reforms to spending.
This week, 'Fox News Sunday' welcomed Rep. Brian Fitzpatrick, R-Penn., Rep. Josh Gottheimer, D-N.J., and more to discuss the latest political news.
The collapse of congressional budgeting in recent years has occurred just as the government’s fiscal outlook is approaching critical. If left unchecked, current trends will lead to unprecedented levels of federal spending as a share of U.S. economic output, far beyond taxpayers’ historical tolerance and perhaps greater than the economy can sustain. The resulting debt would seriously hamper the nation’s potential for long-term growth. These trends can be corrected only with a regular, stable, and sustained practice of budgeting.