Domestic Spending
Latest
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Expanding Principal Writedowns to Fannie and Freddie
Sometimes, the timing of things can really work out in Washington. Yesterday, President Obama nominated Rep. Mel Watt (D-NC) to be the head of the...
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Education Reforms in A Bipartisan Path Forward
Although most discussion of Erskine Bowles' and Al Simpson's Bipartisan Path Forward has focussed on its health and tax reforms, the plan also...
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Discretionary Savings in the Bipartisan Path Forward
Over the past few years, lawmakers have made the most progress in discretionary spending in the deficit reduction effort. Additional opportunities for...
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CBO Updates Estimate of 112th Congress Farm Bills
The last Congress attempted to work out a new farm bill but could never reach an agreement. The American Taxpayer Relief Act, the agreement reached...
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Unintended Consequences of the Sequester
There has been a lot of talk about the sequester in recent weeks as the latest in a long line of fiscal stand-offs ensues in Washington. In FY 2013...
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Senate Democratic Proposal and Other Plans to Replace the Sequester
Update: This post has been updated as of February 27, 2013 to reflect new proposals from the Senate Republicans With time running out before the...
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New Proposal to Reform Federal Student Aid
In a report released today, the New America Foundation’s Education Policy Program offers a proposal to overhaul the federal financial aid system with...
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We Still Need Postal Reform
Today, The Wall Street Journal (subscription required) reported that the U.S. Postal Service will again raise the price on first-class postage stamps...
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How the Sequester Looks After the Fiscal Cliff Deal
Along with a two month delay until March 1, the fiscal cliff deal reduced the across-the-board cuts under sequestration for 2013 by $24 billion...
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House Approves $50 billion in Sandy Relief
Yesterday, the House of Representatives approved an additional $50.5 billion in disaster funding for areas devastated by Hurricane Sandy by a 241-180...
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Meet the Farm Bill Cliff
While most of the country is focused on the fiscal cliff, The New York Times is reporting on another cliff, this one involving the farm bill. Unlike...
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The Chained CPI Explained
One option on the table that has great potential to be included in a final deal is the chained CPI. As we explain in our updated paper on the chained...