Budget Process
Latest
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Budget Deal May Be Worst in History
For Immediate Release According to press reports, Congress and the President are close to a deal that would lift discretionary spending caps by $320...
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Maya MacGuineas: No budget. On the brink of default. It's a hell of a way to run a country.
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Budget Deal Should Be Paid For
For Immediate Release Congressional leaders and the White House are in talks to raise the debt ceiling and statutory budget caps before the August...
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David Walker: It is time to confront fiscal failure
David Walker is a former Comptroller General of the United States (head of the U.S. Government Accountability Office) and past board member of the...
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Appropriations 101
This paper has been updated here. What are appropriations? Appropriations are annual decisions made by Congress about how the federal government...
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Hearing Recap: Fixing a Broken Budget and Spending Process – Perspectives of Two Former Chairmen
The Senate Budget Committee began a series of hearings on reforming the budget process on May 15. The first hearing, “ Fixing a Broken Budget and...
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Kent Conrad's Testimony on the Broken Budget Process
On May 14, 2019, former Senate Budget Committee Chairman and Committee for a Responsible Federal Budget board member Kent Conrad (D-ND) testified...
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WATCH: Conrad and Gregg Testify Before Senate Budget Committee
Two former Senate Budget chairmen are testifying today before the Senate Budget Committee on the failures of the current budget process and the...
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Budget Resolution Principles for Fiscal Year 2020
The congressional budget resolution should establish the nation’s priorities, the approach to financing them, and a plan to ensure the nation is on a...
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CRFB Co-Chairs Gov. Daniels, Sec. Panetta, & Rep. Penny: Congress and President Must Make the Debt a Priority
Committee for a Responsible Federal Budget Co-Chairs Governor Mitch Daniels, Secretary Leon Panetta, and Congressman Tim Penny issued the following...
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A (Very Small) PAYGO Sequester is Scheduled To Happen
Small automatic cuts may be coming soon because Congress added to deficits last year. An $800 million (0.1 percent cut) was supposed to go into effect...
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Shutdown Is Bad; So Is More Borrowing
For Immediate Release The Senate is voting on two different plans to re-open the government this afternoon. One version would increase deficits by...