There has been a great deal of action lately on matters affecting deficits and debt and much still in the works as policymakers rush to meet some deadlines at the end of the year. Tax cuts are now at the top of the agenda, but there is a lot more on Washington’s plate. Here’s your fix for the latest developments on the federal budget and national debt.
Congress is finally moving on a federal budget, but lawmakers need your help to show them how to do it right.
It’s no secret that policymakers in Washington are having a hard time getting things done. They will need to turn things around soon as they face critical matters in which failure would have serious consequences, such as passing a federal budget, agreeing on government spending in order to avoid a government shutdown, and raising the debt limit in order to avert a national default. Fortunately, there is a way forward.
Things are hot and heavy in Washington in the middle of summer with lots of action on issues affecting the budget and debt. The forecast calls for deficits and debt to rise considerably but the outlook for producing next year’s budget remains unclear. Here’s your fix for the latest developments on the federal budget and national debt.
Just when federal budget dysfunction in Washington appeared to hit rock bottom, policymakers discovered new lows with this year’s process. And the affects will be widely felt.
National Debt and You