Congress

Bipartisan bill to cap annual deficits at 3% could curb debt growth

(The Center Square) – Lawmakers introduced a bipartisan proposal to cap annual deficits at 3% of GDP, but this resolution would still permit spending beyond annual revenue. Read More

Congress

Big beautiful tax bill fails in committee after fiscal hawks revolt

(The Center Square) – House Budget Committee lawmakers have left for the weekend without advancing a budget reconciliation package, delaying House Speaker Mike Johnson’s, R-La., plans to have a… Read More

Federal Spending

Democrats, Republicans offer support for bipartisan fiscal commission

(The Center Square) – Signs of bipartisanship emerged Wednesday from a House Budget Committee hearing focused on a fiscal commission that would address the nation's deficit. The House Budget Committee… Read More