Budget Process
Latest
-
Selective Triggering
Read moreWe think triggers can be helpful in budgeting, by providing a back-up plan for when estimates prove wrong or conditions change, and by helping... -
Trigger Happy
Read moreREVISED: Today, CRFB issued a press release commenting on the President's statement last night on developing a trigger to ensure that any health care... -
Another $95 Billion of Budgeting Through Footnotes
Read moreLast week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they... -
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... -
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... -
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... -
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... -
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... -
-
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... -
-
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...