FY 2019 Budget
Latest
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It Would Be Unprecedented to Not Even Consider a Budget
Read moreFor Immediate Release Over a month after the statutory deadline to complete a budget, neither the House nor Senate Budget Committees have even...
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Congress Has Never Failed to Propose a Budget
Read moreThere has never been a year where at least one of the two congressional Budget Committees have not proposed a budget. Since the modern budget process...
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Paul & Sanford Introduce Penny Plans
Read moreSenator Rand Paul (R-KY) and Representative Mark Sanford (R-SC) have introduced “penny plans” that would balance the budget within a decade through a...
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Mandatory Spending Makes Up the Bulk of Spending Growth
Read moreOver four-fifths of the growth in nominal spending over the next decade is driven by Social Security, federal health programs, and interest on the...
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Rescissions, How Do They Work?
Read moreRecent press reports have indicated that the Trump Administration is looking to use a process known as rescission to cut spending from the recent...
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Chartbook: America's Budget Outlook
Read moreBelow is a chartbook on America's deteriorating budget outlook. Update (5/15/18): We clarified the footnote on slide 9 to more clearly reference CBO's...
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Republican Study Committee Releases FY 2019 Budget
Read moreWhile the House and Senate Budget Committees have yet to release a budget for FY 2019, the Republican Study Committee (RSC) has released its own...
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More Than Half of Next Year's Deficit is Congress's Fault
Read moreThe budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
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Letter to Members of Congress on Statutory Budget Deadline
Read moreThe statutory deadline for a budget is April 15 and no budget is in sight. Instead, members of the House of Representatives are voting on a balanced...
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Debt Could Be 20 Percent of GDP Higher than President's Budget Claims
Read moreThe Congressional Budget Office (CBO) typically publishes its own estimate of the President's budget about a month after the budget's initial release...
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An Overview of the President's FY 2019 Budget
Read moreMoments ago, President Trump released his Fiscal Year (FY) 2019 budget proposals, outlining his tax and spending proposals for the next decade. We...
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Analysis of the President's FY 2019 Budget
Read moreThe Trump Administration released its Fiscal Year (FY) 2019 budget proposal today. The budget proposes a number of tax and spending changes that it...