Latest
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CBO Releases New Doc Fix Bill Estimates
On Friday, the Congressional Budget Office (CBO) released cost estimates for two bills to permanently replace the Sustainable Growth Rate (SGR)...
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It's Back - State of the Union Bingo
President Obama's State of the Union address is tomorrow night. In preparation of his speech, we've brought back our great State of the Union fiscal...
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Growth and Deficit Reduction Are Not Incompatible
Yesterday in an interview on CNBC's Squawkbox, former Treasury Secretary Larry Summers chimed in again on his views that boosting economic growth...
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Lew: Next Debt Limit Date is Late February
Yesterday, Treasury Secretary Jacob Lew sent a letter to Congress, updating the Treasury's projections of when the nation would hit its statutory...
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Keep the War Gimmick Out of Doc Fix Discussions
The war savings gimmick is back! As the debate over how to offset a permanent "doc fix" to Medicare's Sustainable Growth Rate formula heats up, the...
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Line Items: An Appropriate Result Edition
One Debate Spent, More to Come – The long saga over the Fiscal Year 2014 budget came to an end as Congress approved of spending bills funding the...
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Generals: Don't Turn Away from Reforming Military Retirement Benefits
One of the most contentious provisions in the Ryan-Murray budget agreement that became the Bipartisan Budget Act was a provision that reduced cost-of...
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Washington Post: "Lawmakers Should Offer Up a Fiscally Responsible 'Tax Extenders' Bill"
We couldn't have said it better ourselves! A Washington Post editorial today called on Congress to break with the trend of recent Congresses and...
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CBO's "Approaches to Reducing Federal Spending on Military Health Care"
Military personnel costs continue to increase as a share of the defense budget. One of the fastest growing components is military health care, where...
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Winners and Losers from the Omnibus Legislation
Last month's Ryan-Murray budget deal set overall spending levels for the government at $1.1 trillion, but it did not set specific spending levels for...
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The Omnibus Bill Has Passed the House
Lawmakers in the House moved quickly to pass the omnibus appropriations bill released two days ago with a 359-67 vote. Earlier in the day, the Senate...
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War Spending in the Omnibus Bill
Among the many things we noted yesterday on the blog about the omnibus appropriations bill was the similarity between war spending in the bill and in...