The president’s fiscal year 2015 budget focuses on growing the economy and pivots away from austerity.
While a step in the right direction, the omnibus spending bill is also a reminder of how much our fiscal policy needs to improve to get the economy moving.
Although some unfortunate concessions had to be made to appease conservatives, the Murray-Ryan budget deal is a net-positive step for the United States.
Issue Brief Congress always intended to replace the sequester with smarter deficit reduction—then they slashed deficits but still left the full sequester in place.
Video Sequestration—the automatic across-the-board cuts that started earlier this year—are a disaster for the American people. Unless lawmakers act, it’s going to be even worse in 2014.
El cierre del gobierno causó graves dificultades a través del país, y nos acercamos hacia una crisis aún más grande: el atravesamiento del límite de la deuda nacional. Expertos del Departamento del Tesoro de los EE.UU. advirtieron que si el Congreso no levantaba el límite de la deuda nacional a tiempo, el resultado podría haber […]
Everything you need to know about the federal debt limit.
If the Tea Party shuts the government down, it will not be because progressives were inflexible.
The Senate’s continuing resolution prevents a government shutdown, but it does not avert another round of deep spending cuts.
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 The transportation and housing bill’s failure shows that the deep cuts demanded by the Ryan budget simply cannot be allocated in a responsible way.
Harry Stein is the Director for Fiscal Policy at American Progress. His work focuses on the tax and spending choices within the federal budget. Prior to joining American Progress, he worked as a legislative assistant to Sen. Herb Kohl (D-WI). His portfolio included the federal budget, tax policy, and national security, including Sen. Kohl’s work […]