Budget Process

The Senate Budget Committee held a hearing this week, the first in a series, on the need to reform the federal budget process. Testifying were Michael...

We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...

Yesterday evening, Treasury Secretary Jack Lew indicated that the extraordinary measures Treasury is using to avoid breaching the debt limit will run...

The Senate Appropriations Committee earlier this week posted a draft bill that would extend government funding until December 11 and avert a...

Many candidates will suggest some form of a balanced budget amendment (BBA). Even in the best case, such an amendment is a supplement rather than a...

Last week, the Government Accountability Office (GAO) released a new report to Congress on the debt limit, showing that the failure to raise the debt...

In recent years, lawmakers have frequently used budget gimmicks to get around rules designed to maintain budgetary discipline -- if they pay attention...

As Congress begins the appropriations process, maneuvers through this year’s Fiscal Speed Bumps, and looks to pay for the costs of new legislation...

The Congressional budget resolution proposes to bring the budget into balance by reducing spending $5.3 trillion over the next decade while keeping...