Budget Process
Latest
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The Budget Act at 40: Time for a Tune Up?
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. Forty years ago...
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Congress Must Abide by PAYGO for Upcoming Legislation
Congress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...
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Why Lawmakers Should Fix the Budgetary Treatment of the Highway Trust Fund
Continuing our series of transportation-focused blogs, this blog discusses the budgetary treatment of the Highway Trust Fund (HTF). While most of the...
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Alternatives for Measuring the Federal Deficit
One of the wonkier fiscal debates that arises from time to time concerns the accounting method used to measure the size of the budget deficit. This...
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The IMF Looks at Budget Institutions in G-20 Countries
The International Monetary Fund recently published a study on budget institutions in G-20 countries. The study takes stock of these countries'...
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Repatriation Tax Holiday Doesn't Work As a Highway Trust Fund Offset
With the Highway Trust Fund (HTF) running low and the threat of disrupting highway construction later this summer, lawmakers are scrambling to come up...
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The Budgetary Effect of Credit Programs
Credit programs involving loans and loan guarantees are accounted for differently than most other programs in the federal budget. Whereas other...
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The Federal Financial Statement Transparency Act of 2014
Congressman Jim Renacci (R-OH) introduced the The Federal Financial Statement Transparency Act of 2014 today. This legislation would make major...
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Want to Understand The Appropriations Process? This 101 Will Tell You Everything You Need to Know
Appropriations season is in full swing. The House has already passed the Legislative Branch and Military Construction-Veterans Affairs bills, while...
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Senate Moves Forward on Increasing Deficit with Tax Extenders
The Senate is moving forward with tax extenders legislation, renewing a variety of breaks that expired at the end of last year for research, small...
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Adding "TRUSTGO" to PAYGO Would Improve the Debt Situation
We have always have been proponents of paying for the costs of policies such as the tax extenders and doc fixes, since doing so would make a...
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President's Advisors Recommend Veto of Unoffset Tax Bill
The White House issued a Statement of Administration Policy (SAP) yesterday in opposition to the extension and expansion of the Research &...