Budget Process and Rules
Latest
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Appropriations: A Train Wreck? No, Worse
Even in best years the congressional appropriations process usually results in a proverbial train wreck. And this year is shaping up to be such a bad...
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‘Line’ Items: Summer Arrives Edition
Summertime, but the Living Isn’t Easy in Congress – Today brings the first official day of summer, but Washington has already been experiencing...
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The Debt Buy-Down Act
Senator John McCain has introduced the Debt Buy-Down Act of 2010. A variation of this bill has been introduced in several previous Congresses (102nd...
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‘Line’ Items: World Cup Edition
“Beautiful Game”and Not-So-Pretty Agenda – Add soccer to all the other distractions in Washington as lawmakers face a packed agenda. With the World...
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The Swiss Version of a Balanced Budget Amendment
As part of a celebration of Albert Gallatin's upcoming 250th birthday the Swiss Embassy held a panel discussing the Swiss federal government's "debt...
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Improving the Budget Situation
The Administration is taking important steps in improving the budget situation: The proposed 3-year spending freeze of non-security discretionary...
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Oil in the Gulf Isn’t the Only Threat That Needs to Be Capped
Lawmakers have railed against the inability to stop the leaking of oil into the Gulf of Mexico, yet they are having no better success in staunching...
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We Couldn't Agree More
Washington Post Editorial: Economic stimulus plans ought to specify how the borrowed money gets repaid
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A Small Change, But a Good Idea
Looks like the White House wants to attack the deficit one small change at a time. After promoting the Reduce Unnecessary Spending Act to give the...
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‘Line’ Items: Recess and Rescissions
Lots of Assignments Due After Recess – Lawmakers are home this week for the Memorial Day recess. When they come back next week they will have a lot of...
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Fiscal Targets: Why We Need Both Medium and Long-Term Targets
The President's Fiscal Commission has been charged with proposing: "Recommendations designed to balance the budget, excluding interest payments on the...
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Will Congress Embrace Spending Restraints?
As Congress debates hundreds of billion of dollars of new deficit-spending this week, they may also begin considering two proposals which can actually...