Last week President Obama nominated Jacob “Jack” Lew to be the new head of the Office of Management and Budget (OMB), replacing Peter Orszag, who is stepping down at the end of July. OMB is primarily responsible for developing the…
Below are several developments we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)
As Congress returns from its July 4th recess, below are some of the budget stories we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)
At a time when lawmakers are under public pressure to show greater fiscal responsibility, Congress has chosen to ignore its fundamental duty to pass a budget resolution for the coming year.Instead, some on Capitol Hill are talking about approving a…