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Why Lawmakers Were Able to Extend Highway Spending for Free
At the end of last month, lawmakers passed a two-month extension of the highway authorization bill with very little fuss. There was no discussion of...
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Avoiding Budget Gimmicks Chartbook: 2015
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. A previous...
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Budget Issues Abound in the Senate Defense Authorization
Update: The Reed amendment was rejected in floor consideration by a 46-51 vote. The Senate is currently considering the National Defense Authorization...
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Four Gimmicks to Watch Out For
As Congress begins the appropriations process, maneuvers through this year’s Fiscal Speed Bumps, and looks to pay for the costs of new legislation...
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Huckabee Position Doesn't Add Up for Debt or Social Security
Former Arkansas Governor and Republican presidential candidate Mike Huckabee has criticized other candidates who are calling for entitlement reform...
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Maya MacGuineas: Another Look at That IMF Paper on Debt–and What It Means for the U.S.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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$12 Billion Cures Bill Advances in House
Update: This blog was updated on June 30 to reflect a CBO estimate published on June 23. Our original estimate was $13 billion, based on staff...
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House Set to Target Deficit-Reducing Parts of ACA
Update (6/12/15): A new CBO score estimates that repealing IPAB will cost $7.1 billion over ten years, with all of the cost recorded after 2021. The...
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Congress Postpones Highway Decisions Until July
The President signed a two-month extension of the highway bill on Friday evening, postponing decisions about spending and the financing of the Highway...
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Time to Get to Work on a Highway Trust Fund Solution
Lawmakers have many potential options to address the shortfall in the Highway Trust Fund. With the President expected to sign a two-month extension of...
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Richmond Fed Releases Bailout Barometer
The Federal Reserve Bank of Richmond has updated their “ Bailout Barometer,” which measures the total financial sector liabilities that have a...
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Congressional Double-Take on Revenue
The Congressional budget resolution proposes to bring the budget into balance by reducing spending $5.3 trillion over the next decade while keeping...