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A large national debt has far-reaching consequences. On the blog, we often talk about the economic consequences of debt, as they are perhaps the most...

Largely due to changing demographics, the Social Security Trust Fund will be exhausted within the next 20 years. To avoid this, most reform plans...

Last month's Ryan-Murray budget deal set overall spending levels for the government at $1.1 trillion, but it did not set specific spending levels for...

Lawmakers in the House moved quickly to pass the omnibus appropriations bill released two days ago with a 359-67 vote. Earlier in the day, the Senate...

Among the many things we noted yesterday on the blog about the omnibus appropriations bill was the similarity between war spending in the bill and in...

Today, the House Ways and Means Committee launched a new website on tax reform, compiling all of the Committee's useful resources on the subject. We...

Last night, Congressional appropriators unveiled a $1.1 trillion omnibus appropriations bill that would fund the government for the rest of FY 2014...

Congress entered 2013 with a great deal on its plate, but it still has some work left to do. Our budget problems are still far from solved and ideally...

Last month, President Obama gave a speech on rising income inequality in the United States, which is a theme expected to be prominent throughout the...

As the Senate looks for offsets for an unemployment insurance extension, there is one provision that has gotten some attention: ending "double-dipping...

We spend a great time on The Bottom Line discussing the economic and policy consequenses of the nation's unsustainable debt. But what about the moral...

Yesterday, the IRS Taxpayer Advocate released its 2013 annual report, detailing what it sees as the largest problems facing taxpayers. The Taxpayer...