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By CBO The federal deficit in 2016 was $587 billion, equal to 3.2 percent of gross domestic product. Read more….

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By Eli Watkins, CNN A bipartisan group of members of Congress wants to meet with President Donald Trump to discuss tax reform and infrastructure investment. Reps. Josh Gottheimer, a New Jersey Democrat, and Tom Reed, a New York Republican, said…

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By ROLL CALL Valentine’s Day will never be as fun as it was in lower school when everyone in the class gave you a Valentine. It’s another session day this year, and for many members of Congress that means time…

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by Jeanne Sahadi, CNN Money All that happy talk in Washington about getting tax reform done fast is already proving unrealistic. Even if Congress chose to do nothing but rewrite the tax code in 2017, it would be a monumental…

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By Howard Gleckman, CHRISTIAN SCIENCE MONITOR It seems that every day, the prospects for tax reform dim a bit more. This is what’s happened in just the past few days: Last Friday, President Trump sent what were at best mixed signals…

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View the PDF version Overview Each year, one question drives the bulk of Congress’ work: how to spend taxpayer dollars. This process enables the Administration and Congress to set forth policy priorities in a practical and specific way. However, the…

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By David Leonhardt, THE NEW YORK TIMES I understand how my friend feels. I feel highly uncomfortable making a case that is, as he said, “so partisan.” I’m a fan of compromise, and I believe our government functions best when…

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By Phillip Bump, THE WASHINGTON POST Marquette University’s Charles Franklin had an interesting way of visualizing partisan poll differences in a tweet earlier this week. He took data from a Reuters-Ipsos poll on President Trump’s immigration ban — one of…

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By Chris Cillizza, THE WASHINGTON POST FIX: First of all, thanks for doing this. You were one of the few “feel good” stories for Democrats in the 2016 election. You ran WAY ahead of Hillary Clinton and almost knocked off…

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Around March 16, based on a 2015 government-set deadline, Americans will probably experience another in a series of national debt controversies, this time in part because of Republican control of the White House and both chambers of Congress. The federal…

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THE HILL Federal deficits are expected to rise for the first time in nearly a decade, driving up the federal debt to almost unprecedented levels, according to an analysis from the nonpartisan Congressional Budget Office (CBO). While the federal deficit is…

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By Jeff Cox, CNBC While Wall Street celebrates the Dow hitting 20,000, there is another “20” looming that could carry significantly darker overtones. The U.S. is just weeks away from passing the $20 trillion mark in total public debt outstanding…

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