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Tag: federal debt
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News from Washington, D.C. … Further review of the FY 2014 omnibus appropriations bill reveals language that was included that will make about half of federally funded research accessible to the public. This provision requires federal agencies under the Labor, Health and Human Services and Education portion of the bill with research budgets of $100...
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In Springfield … Last week, both chambers of the Illinois General Assembly continued to move bills through committees and through third readings. However, the three big issues remaining are the FY 2013 appropriations, pension stabilization, and Medicaid reform and cuts. Most of the discussions on these three issues have taken place behind closed doors, but...
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In Washington, D.C. … All eyes in Washington are focused on the activities of the Deficit Reduction Super Committee, which is under a very tight deadline to come up with an additional $1.5 trillion in spending cuts before Thanksgiving or face mandatory reductions in all areas of federal spending. President Obama and House Speaker John...