Press secretary Jay Carney could not say when President Obama will release his budget, when asked by reporters aboard Air Force One on Monday. He missed the deadline for submitting a fiscal 2014 budget — the fourth time in five years. COUNTERPOINT: From The Hill, “The House Wednesday passed "The...
The nonpartisan Congressional Budget Office released its annual budget and economic outlook through 2023 on Tuesday, showing that budget deficits will shrink to $845 billion this year, the smallest since 2008 and will drop to $430 billion by 2015, according to CBO’s annual fiscal outlook.
National Journal’s Niraj Chokshi: “1) A brief slowdown, then a growth spurt. 2) Unemployment will drop quickly, and then stabilize. 3) Debt.” Here’s how it breaks down
National Journal writes, “Some laws are hard to kill, even those declared unconstitutional by the Supreme Court. So why is The Stolen Valor Act, which makes it illegal to lie about military records, getting a second life? This time, its supporters have taken the steps to ensure its longevity. Here’s...
National Journal reports that, “In a season of political gridlock, a breakthrough could be near on legislation to promote energy production off the nation’s coastlines. A bipartisan energy bill now being crafted in the Senate could hit a sweet spot between expanding offshore oil and gas drilling, which many Republicans...
The Fix writes, “It’s no secret that the American public views its elected officials with some combination of disgust, disappointment and distrust. Congress’s approval rating is in used-car-salesman territory, and with every legislative crisis it dips, somewhat amazingly, lower. But, as bad things are, there is a tendency to assume...
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