Budget Process
Latest
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Budgeting through Footnotes
Read moreThis morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax breaks...
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Constructing a "Current Policy" Baseline
Read moreToday, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1 trillion ten-year...
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The Cost of "Current Policy"
Read moreThe CBO recently projected a ten-year deficit of $7.1 trillion using a "current law" baseline. But these numbers may prove to be optimistic. CRFB...
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The Statutory Pay-as-You-Go Act of 2009
Read moreJuly 24 - This week the House passed statutory PAYGO legislation requiring spending and tax cuts to be offset in a deficit-neutral fashion. While this...
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House Passes Statutory PAYGO
Read moreToday, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...
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Understanding the President’s PAYGO Proposal
Read moreYesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain a...
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Staff Working Paper #6: Resource Allocation
Read moreAre the rules of thumb and categories we have explicitly and implicitly established in our budget process for resource allocation appropriate and...
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Op-Ed: Fiscal Disorder - The Broken Budget Process and the Dire Need for Reform
Read moreRipon Forum | April 21, 2009 This past February, four months after the beginning of the fiscal year, Congress passed the last bill needed to fund the...
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