The federal government is on the brink of shutting down yet again, although most Americans don’t understand the fight taking place in Washington. Here’s what happened.
The Senate’s continuing resolution prevents a government shutdown, but it does not avert another round of deep spending cuts.
In one day, we learned that poverty is still elevated, inequality is near record highs, and middle-class incomes continue to stagnate, even as our long-term debt trajectory is dramatically improved. These data should finally put an end to calls for more damaging austerity.
Charts Our budget and economy have changed, but demands for austerity in the fiscal debate haven’t. These 15 charts show why they should.
Issue Brief Senate Democrats are accepting spending levels equivalent to previous House Republican budgets, yet House Republican leaders are insisting on new, deeper spending cuts in exchange for preventing a government shutdown.
Issue Brief Speaker Boehner’s proposed stopgap funding measure would have Congress embrace another round of spending cuts, while signaling a willingness to increase funding for defense only.
When you slice through all the heated rhetoric, the budgetary choices we face may be painful, but they are actually much simpler to make than the debate would suggest.
Report The federal government has made a commitment to providing retirees in this country with a specific level of support once they reach retirement age, but the cost of providing that support is beyond the revenues presently available to pay such costs.
Report Over the past three years, both the underlying fiscal landscape and the broader economic context for the fiscal debate have shifted in very important ways, yet the debate has remained remarkably static.
This week we explore sequestration’s effects on the nation’s ability to prepare for and respond to natural disasters.
Three months into sequestration, we take a look at how harmful the phased-in cuts have been.
In this column, we analyze and compare some of the major proposals currently on the table in Congress regarding student-loan interest rates.
This year sequestration will cut more than $26 million from services that support victims of domestic violence and sexual assault.
This week we explore sequestration’s effect on schoolchildren from military households and Native American reservations.
Video Congress recently sprang into action to save air travelers from flight delays brought on by sequestration. But for the millions of Americans who can’t afford to get on a plane, they have yet to repeal devastating cuts to important programs for struggling families, seniors, and children—leaving us all to wonder where our nation’s most vulnerable fit into Congress’s priorities.