Budget Process
Latest
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Update: Fiscal Speed Bumps
Congress sped through this year's second and third " Fiscal Speed Bumps" in March, ignoring the return of the statutory debt limit (though the hard...
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How the House Trade Bills Abide by PAYGO
Big economic policy news came last week when lawmakers announced a bipartisan agreement (H.R. 1890) to revive Trade Promotion Authority in order to...
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CRFB Publishes Analysis of Budget Process in the FY 2016 Budget Resolutions
With the House and Senate preparing to go to conference to work out the differences between their budget resolutions, we published a paper Tuesday...
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A Budget Conference - Now What?
The House and Senate will soon appoint a formal conference committee to iron out differences between their two budgets, even though press reports...
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SGR Bill Triggers Several Rule Violations
We have described at length the fiscal irresponsibility of the Sustainable Growth Rate (SGR) reform bill (H.R. 2) working its way through Congress --...
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PAYGO or No-Go: An Easy Way for Congress to Improve the SGR Bill
There's a simple way to make the $141 billion House-passed Medicare Sustainable Growth Rate (SGR) bill more fiscally responsible: don't exempt it from...
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Senate Budget Takes Issue with CHIMPs
The Senate budget by Chairman Mike Enzi (R-WY) contains an important provision to limit a gimmick often used to increase spending using phony savings...
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Budget Rules! Process in the House and Senate Budgets
Now that the Senate and House have passed their respective budget resolutions, a budget conference committee is right around the corner. One aspect of...
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Reconcilia-what?
Although the numbers in the budget resolution draw a lot of attention, one of the most impactful parts of the resolution deals with budget process...
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The Debt Ceiling Returns...and 10 Ways to Reform It
The federal government will reach its second Fiscal Speed Bump today, as the debt ceiling will be reinstated after having been suspended since last...
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