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Budget Reform

Make Candidates Debate the Debt

  • By
  • Maya MacGuineas,
  • New America Foundation
April 27, 2012 |

It's not news that the national debt presents a daunting challenge. The public debt is growing faster than the economy, a trend that cannot be sustained.

Between a Mountain of Debt and a Fiscal Cliff: Finding a Smart Path Forward

March 29, 2012

At the end of 2012 and the beginning of 2013, many major fiscal events are set to occur all at once. They include the expiration of the 2001/03/10 tax cuts, the winding down of certain jobs provisions, the activation of the $1.2 trillion across-the-board “sequester,” an immediate and steep reduction in Medicare physician payments, the end of current AMT patches, and the need to once again raise the country’s debt ceiling.

US Must Address Its Balance Sheet

  • By
  • Marc Goldwein,
  • Jason Peuquet,
  • New America Foundation
April 17, 2012 |

It is fitting, and perhaps ironic, that today is both Tax Day and Financial Literacy Day. Taxes and finances are intimately intertwined, and as the U.S. budget crisis underscores, that relationship is not always a positive one. Today, as our elected leaders ask households around the country to take a look at their own balance sheets, they might be wise to do the same. What they will find isn’t pretty — a ledger filled with a mountain of debt and no real long-term plan to bring spending and revenues more closely in line.

Paul Ryan’s Risky Ideas

  • By
  • Fred Kaplan,
  • New America Foundation
April 5, 2012 |

Few things shock anymore, but it came as a bit of a surprise last week when Rep. Paul Ryan, chairman of the House Budget Committee, revealed how little he knows about the making of the budget.

The moment occurred on March 29, when Ryan told a National Journal forum in Washington, “We don’t believe the generals are giving us their true budget.”

The Sidebar: The U.S. Budget and Community WiFi

April 6, 2012
The U.S. Budget and Community WiFi are topics for discussion this week, as host Pamela Chan is joined by Preston Rhea and Jason Peuquet.

Throwing Money at the Pentagon: A Lesson in Republican Math

  • By
  • William D. Hartung,
  • New America Foundation
March 20, 2012 |

If you’ve been fretting about faltering math education and falling test scores here in the United States, you should be worried based on this campaign season of Republican math.  When it comes to the American military, the leading Republican presidential candidates evidently only learned to add and multiply, never subtract or divide.

The Sidebar: Obama's Budget Proposal and Santorum's Surge

February 17, 2012

In this episode of The Sidebar, the weekly podcast from the New America Foundation that looks at what's in and what's underlying the news.

Justin King, Noam Sheiber, and Marc Goldwein discuss President Obama's budget proposal and Rick Santorum's surge in the Republican Primaries. Pamela Chan hosts.

MacGuineas Testimony Before House Rules Committee (Jan 2012)

January 24, 2012

Good morning, Mr. Chairman and members of the Committee. Thank you for the opportunity to testify today on the important topic of fixing the budget process. It is a privilege to appear before the Committee.

The Coming War Over the Pentagon Budget

  • By
  • Fred Kaplan,
  • New America Foundation
January 5, 2012 |

It looks like something seriously different is about to happen with the defense budget—and not just the budget, but the way the Pentagon does business and the military fights wars.

The Cure

  • By
  • Phillip Longman,
  • New America Foundation
October 28, 2011 |

While the partisan gap in Washington is wider than it’s been at any time in living memory, the two parties do have one remarkable agenda in common. Both have proposed cuts in Medicare so drastic that they would have been politically suicidal a decade ago and may still be. Yet neither party is backing off.

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