Domestic Spending
Latest
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A Thousand Cuts...
The Center for American Progress released a paper yesterday titled " A Thousand Cuts." The paper aims to show how deep policymakers would have to cut...
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White House Turns Toward Travel
We reported a lot in June about small efforts the White House and OMB were taking to cut costs in the government. Now, the Obama Administration is...
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Boehner Speaks on Deficits and Taxes
House Republican Leader John Boehner (R-OH) gave an economic speech today that was billed as setting the policy table if Republicans gain control of...
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‘Line’ Items: Coming and Going Edition
Gone and Back – The Senate has left for its August recess, the House will return this week (for a day). Congress will be back in session after Labor...
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The Right Spending Target
A few weeks ago, Fiscal Commission co-chair Erskine Bowles suggested that in designing a plan, "revenue as a percentage of GDP [should not] be much...
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Thune to the Rescue!
Sen. John Thune (R-SD) introduced a deficit reduction and budget reform bill yesterday, aptly titled the Deficit Reduction and Budget Reform Act of...
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All Talk, No Game on Discretionary Limits
There have been a lot of numbers thrown around with regards budget resolutions, deeming resolutions, and discretionary spending limits. To keep it...
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REDUCE Legislation Aims to Cut Deficit by $70 Billion
Today, four Democratic congressmen—Reps. Gary Peters, John Adler, Jim Himes, and Peter Welch—introduced four-pronged legislation, called the REDUCE...
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Republicans Back Sessions-McCaskill Caps
Republicans on the Senate Appropriations Committee backed the discretionary spending caps proposed by Jeff Sessions and Claire McCaskill yesterday...
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‘Line’ Items: Running of the Bulls Edition
Running for the Exits – The “Running of the Bulls” has begun in Pamplona, Spain. Combine that with the celebrations over the country’s World Cup...
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Singing for Their Supplemental
Late last night the House passed a supplemental appropriations bill ostensibly to fund military operations in Iraq and Afghanistan. However, lawmakers...
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Spending and Revenues in the Long Term Outlook
After much anticipation, the CBO has released its Long Term Budget Outlook, which gives the first glimpse at the long-term effects of the recently...