Budget Process

Here they go again. As they have for years, lawmakers are attempting to tuck billions of dollars for unrelated programs into the war supplemental...

Extenders Put on Hold – Legislation to extend some tax breaks and expanded unemployment insurance has been put on the back burner because senators...

Even in best years the congressional appropriations process usually results in a proverbial train wreck. And this year is shaping up to be such a bad...

In remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...

The statutory PAYGO law left a gaping hole for spending designated as an emergency. Since the designation has no formal definition, it can technically...

Summertime, but the Living Isn’t Easy in Congress – Today brings the first official day of summer, but Washington has already been experiencing...

Senator John McCain has introduced the Debt Buy-Down Act of 2010. A variation of this bill has been introduced in several previous Congresses (102nd...

Bruce Bartlett posits an interesting scenario for when debt default could occur in the US: next year. Before the panic sets in, we should clarify. He...

“Beautiful Game”and Not-So-Pretty Agenda – Add soccer to all the other distractions in Washington as lawmakers face a packed agenda. With the World...

As part of a celebration of Albert Gallatin's upcoming 250th birthday the Swiss Embassy held a panel discussing the Swiss federal government's "debt...

The Administration is taking important steps in improving the budget situation: The proposed 3-year spending freeze of non-security discretionary...

Lawmakers have railed against the inability to stop the leaking of oil into the Gulf of Mexico, yet they are having no better success in staunching...