Budget Process
Latest
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Peterson-Pew Commission Policy Paper on Budget Reform Proposals
Today, the Peterson-Pew Commission on Budget Reform issued its first policy paper, “ A Closer Look at the President’s FY 2010 Budget Process Reform...
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Peterson-Pew Commission Event on Budget Reform
Tomorrow, on September 16th, the Peterson-Pew Commission on Budget Reform will host an event -- Beyond PAYGO -- to discuss recent proposals to gain...
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Selective Triggering
We think triggers can be helpful in budgeting, by providing a back-up plan for when estimates prove wrong or conditions change, and by helping...
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Trigger Happy
REVISED: Today, CRFB issued a press release commenting on the President's statement last night on developing a trigger to ensure that any health care...
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Another $95 Billion of Budgeting Through Footnotes
Last week, we wrote about $85 billion worth of stimulus tax cuts which the Obama administration assumed as permanant in their baseline so that they...
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Budgeting through Footnotes
This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax breaks...
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Constructing a "Current Policy" Baseline
Today, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1 trillion ten-year...
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The Cost of "Current Policy"
The CBO recently projected a ten-year deficit of $7.1 trillion using a "current law" baseline. But these numbers may prove to be optimistic. CRFB...
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The Statutory Pay-as-You-Go Act of 2009
July 24 - This week the House passed statutory PAYGO legislation requiring spending and tax cuts to be offset in a deficit-neutral fashion. While this...
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House Passes Statutory PAYGO
Today, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...
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Understanding the President’s PAYGO Proposal
Yesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain a...