Infrastructure
Latest
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Trust or Bust: Fixing the Highway Trust Fund
Update: After publication we wrote a series of blogs providing options for offsets or to bring spending and revenue in line. As well in May 2015 we...
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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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Postal Service Emerges as Offset for Highway Trust Fund
Bloomberg Businessweek reported last week that House Republicans are considering a plan that would utilize savings from U.S. Postal Service (USPS)...
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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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Senate Finance Committee Hearing on Transportation Funding
The Senate Finance Committee held a hearing May 6th titled, “ New Routes for Funding and Financing Highways and Transit.” During the hearing Senators...
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Administration Takes Up Transit Spending with the GROW AMERICA Act
The Administration recently submitted a $302 billion, four-year transit proposal to Congress to address the chronic challenges facing surface...
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Good News and Bad News for Federal Trust Funds
CBO’s latest budget outlook contained good news and bad news for some of the federal government’s largest trust funds. First, the bad news: CBO...
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Budget Scoring Proposals in Ryan's Budget
Although the primary purpose of a budget resolution is to set spending and revenue levels to govern the consideration of legislation by Congress, it...
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In Expressing Concerns over CBO's Role, Zachary Karabell Actually Makes a Strong Case For CBO's Role
In a Washington Post article last weekend, Zachary Karabell takes issue with the importance placed on CBO scoring of legislation, arguing that the...
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What's New in the President's Budget?
With the release of the FY 2015 President's budget, the Obama Administration has now presented six annual budget plans (and an additional proposal to...
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Double Counting: The Tax Reform Act and the Highway Trust Fund
The Tax Reform Act of 2014, House Ways and Means Chairman Dave Camp's (R-MI) discussion draft, is a sizeable document touching almost all parts of the...
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Not Stepping Backward: CRFB's Paper on Budget Gimmicks
In his recent testimony, CBO directory Doug Elmendorf argued that it would be beneficial for policymakers to make large improvements to our budgetary...