Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...

Earlier today, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. Although CBO normally makes ten-year projections...

CBO's Long-Term Budget Outlook is a long and detailed 140-page document – filled to the brim with facts, figures, scenarios and assumptions – and...

Yesterday, the Commmittee for a Responsible Federal Budget released a paper detailing the problems with the federal budget process. In light of the...

Around this time of year, the Social Security Trustees usually issue their report on the status of the program over the next 75 years. In advance of...

Both the House Ways and Means Committee and the Senate Finance Committee approved legislation on Thursday to fund a short-term patch for the Highway...

The Office of Management and Budget (OMB) this afternoon released the Mid-Session Review, updating its budgetary and economic estimates for the...

The House passed legislation today to expand and make permanent the bonus depreciation rules that expired at the end of last year. A key argument for...

The White House this week requested an additional $4.3 billion in discretionary appropriations for the current fiscal year to cover the cost of the...