As the national debt races toward $17 trillion and nearly 13 million Americans search fruitlessly for work, America needs bold changes from its leaders. Congress must get federal spending and ...

The Budget Control Act, passed in 2011, is one of the few mechanisms currently in place to control Congress’ appetite for spending. With the national debt projected to skyrocket over the next decade, ...

Although the Budget Control Act of 2011 — the debt ceiling legislation from last summer — improves the fiscal outlook of the country over the next decade, it did not eliminate the “structural gap” ...

No one in Washington seems to be particularly concerned about impending, automatic budget cuts in the Budget Control Act, write Jim Dyer and Scott Lilly. Once again, Congress is in the midst of a ...

It's often easier to draw up a budget than to stick to it. Revenues may fall short of projections, and your organization may run into expenses you hadn't planned on. According to AccountingTools, ...