Appropriations
Latest
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A $1.5 Trillion Defense Budget Could Mean Nearly $7 Trillion in Higher Debt
Read morePresident Trump is expected to release his Fiscal Year (FY) 2027 budget later this week, which may include a proposal to increase the defense budget...
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Appropriations Watch: FY 2026
Read moreUpdated 3/30/26: On March 27, the Senate passed a Homeland Security funding bill by voice vote. The legislation would provide funding for most of...
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Break Glass: A Plan for the Next Economic Shock
Read moreThe U.S. has never experienced an economic shock as indebted as we are today. Recessions and other economic shocks are inevitable. Although the timing...
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What Happens If DHS Shuts Down
Read moreFunding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will...
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Congress Could End Government Shutdown Drama Once and For All
Read moreGovernment funding will expire on January 30, 2026, at which point agencies funded under six of the 12 appropriations bills currently operating under...
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Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2026 began with the longest government shutdown in modern history, lasting from October 1, 2025 through November 12, 2025. On...
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Assessing FY 2026 Appropriations
Read moreWithout further appropriations, the federal government faces a partial government shutdown on January 30 as the continuing resolution (CR) funding...
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreNote: An update to this blog to incorporate an additional year of the budget window as well as higher interest rates can be found here. In a post on...
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What You Need for the End of the Fiscal Year
Read moreUpdated 11/17/25: After 43 days, the latest government shutdown ended on November 12 with a funding measure that provides full-year Agriculture...
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Government Reopening Proposal Would be the Costliest in History
Read moreSome lawmakers have called for increasing federal health care spending by $1.5 trillion to permanently extend the expiring enhanced Affordable Care...
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Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
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Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2025 will end on September 30, and Congress has so far enacted zero of the 12 full-year appropriations bills to fund the government...