Congressional Budget Office

Congressional Republicans are stepping up their rhetoric on federal employee pay, positioning the issue as a central bargaining chip in negotiations next month over raising the debt ceiling and keeping the government open. House GOP leaders will hold...

By complaining that state and federal tax hikes are forcing him to make "drastic changes," Phil Mickelson quickly became the poster boy for conservatives and liberals alike. The former said Mickelson epitomizes what happens when lawmakers try to fix their...

It's hard to recognize the Democratic Party these days. In recent decades, it's been a divided, brawling tribe. But this year, Democrats are one big, happy family. Sure, there was grumbling from the left over President Barack Obama's agreement to keep...

WASHINGTON (Reuters) - The United States could save $2 trillion in healthcare spending over the next decade, if the U.S. government used its influence in the public and private sectors to nudge soaring costs into line with economic growth, a study...

Recently, I have had the opportunity to travel around the state to several cities for town hall meetings to discuss our nation's financial stability. I have enjoyed these meetings and believe that all South Dakotans deserve to know the path ahead as...

Looking for ways to slow the growth of entitlement programs, budget negotiators in Washington are considering making seniors wait two years longer to qualify for Medicare — from age 65 to 67. Many Republicans have endorsed the idea, noting that...

It’s hard to recognize the Democratic Party these days. In recent decades, it’s been a divided, brawling tribe. But this year, Democrats are one big, happy family.  Sure, there was grumbling from the left over President Barack Obama’...

It has become fashionable to despair of our supposed recent lack of technological progress. All the big inventions of modern society -- jet engines, television, nuclear weapons -- were on the scene by the early 1960s. Proponents of this view should...

Glen Cope owns 500 head of cattle on about 2,500 acres near Aurora, Mo. Like most farmers and ranchers he's worried about the weather, the price he gets for his product, and the cost of fuel and feed needed to run his operation. But as 2012 winds to a...

Of course, 2013 will be fine, because the 1950s sure were. That’s the premise for the coming year, especially in regard to the agreement in Washington to raise U.S. tax rates on the well-off. In the 1950s, after all, tax rates were far higher than...

WASHINGTON (AP) - A potential doubling of milk prices will be averted as part of the compromise that White House and congressional bargainers reached on wide-ranging legislation to avert the ''fiscal cliff,'' a leading senator said late on Dec. 31....

We are accustomed to the opprobrium columnist Thomas Schaller heaps on all things Republican. However, his most recent rant on who's to blame for the fiscal cliff deserves further reflection ("Crisis they created catches up with Republicans," Dec. 12)....