Since the beginning of the year Congress has been struggling to extend emergency Unemployment Insurance benefits. Paying for the extension has been a key sticking point. Now a brief extension is moving that will increase the national debt.
Many of us are closely following the action in the NCAA basketball tournament and may have a small financial stake in the outcome. But there is little-noticed madness happening in Washington that can have a far bigger impact on our fiscal future.
Leaders in Washington this week made the case for continuing efforts to address the long-term national debt as public polling underscored Americans remain concerned about the nation’s fiscal future.
Things looked so promising. At a time when agreement on anything is seemingly impossible, lawmakers of both parties as well as both sides of the Capitol reached a deal on sweeping reforms to how physicians are paid under Medicare. However, the solidarity quickly broke down when it came to paying for the change and legislators are now squabbling over solutions that run from bad to worse.
On Sunday we all lost an hour of sleep as we shifted to Daylight Savings Time. Most of us definitely felt the effect of that lost time. Now, imagine the impact of losing an entire year in addressing the debt.
- Congress Needs an Extension on Tax Reform 04/15/2014
- New Budget Numbers Tell the Same Story, We Still Need… 04/14/2014
- Lots of Budget Plans, But Little Agreement on A Way… 04/14/2014
- Citizen Leaders Raise Their Voices 04/08/2014
- Promoting Discussion and Solutions Across the Country 04/07/2014