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‘Line’ Items: Back to Work Edition
Read moreBack to Work – Labor Day is behind us, but a lot of work lies ahead. Congress returns from its August recess this week with jobs on the top of the...
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Differing Economic Assumptions Between OMB and CBO
Read moreBack in February, we dinged the President's budget for relying on overly optimistic economic assumptions in 2012 and beyond. CBO's Analysis of the...
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Spending and Revenues in the Mid-Session Review
Read moreUnder the Administration's Mid-Session Review, the gap between spending and revenues is set to persist throughout the decade with barely any change in...
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OMB Releases Mid-Session Review
Read moreOMB has just released its Mid-Session Review, incorporating the effects of the Budget Control Act and the Super Committee's target savings into its...
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Wartime Contracting Commission Finds Significant Waste in War Spending
Read moreThe Commission on Wartime Contracting in Iraq and Afghanistan, created by Congress in 2008, has issued its final report, showing that there has been...
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Huntsman to Propose Revenue-Neutral Tax Reform
Read moreIt's no secret that taxes will be a central element in national politics over the next fourteen months leading up to the Presidential election. With...
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Let's Pay for Disaster Funding, but Also Budget For It
Read moreThe destruction and devastation caused by Hurricane Irene is of serious concern, and addressing it will come at a real cost. Yet even while both...
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Mark Prater Appointed Staff Director of Super Committee
Read moreIn a joint press release this morning, Super Committee co-chairs Sen. Patty Murray (D-WA) and Rep. Jeb Hensarling (R-TX) announced that Mark Prater...
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Warner Wants the Committee to Go Above and Beyond
Read moreIn a Bloomberg article, Sen. Mark Warner (D-VA) called for the Joint Committee set up by the recent debt deal to exceed its $1.5 trillion target for...
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‘Line’ Items: Mother Nature Edition
Read moreQuakes and ‘Canes – Washington and much of the East Coast were rattled by natural phenomena last week, with a 5.9-magnitude earthquake on Tuesday and...