Budget Process
Latest
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‘Line’ Items: Recess and Rescissions
Read moreLots of Assignments Due After Recess – Lawmakers are home this week for the Memorial Day recess. When they come back next week they will have a lot of...
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Fiscal Targets: Why We Need Both Medium and Long-Term Targets
Read moreThe President's Fiscal Commission has been charged with proposing: "Recommendations designed to balance the budget, excluding interest payments on the...
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Will Congress Embrace Spending Restraints?
Read moreAs Congress debates hundreds of billion of dollars of new deficit-spending this week, they may also begin considering two proposals which can actually...
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Essay: Our Unsustainable Budget Situation
Read moreNIHCM Foundation | May 2010 Our Burgeoning Federal Debt There is little doubt that the United States is on an unsustainable budget path. Budget...
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‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Read moreLittle Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
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‘Line’ Items: Greek Tragedy Edition
Read moreFrom Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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Bill of Extenders and Tax Breaks May Include Doc Fix
Read morePolicymakers will soon be focusing on passing a new package of extenders and tax breaks that – at a potential cost of around $200 billion over ten...
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Blue Dog Demands May Hinder House Budget Resolution
Read moreThe Blue Dog coalition is pushing for further spending cuts beyond what is in the President’s and Senate’s budget proposals.
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Improper Payments Are a Start--But Cuts Must Go Deeper
Read moreIn an OMBlog today, OMB director Peter Orszag applauded the House's passage of the Improper Payments Elimination and Recovery Act. Improper payments...
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‘Line’ Items: Draft Edition
Read moreBudget Resolution Drafted – The NFL isn’t the only entity that made key decisions for the future last week. On Thursday the Senate Budget Committee...