Blogs

With some fanfare, the Trump administration has sent Congress a rescission request that would cancel $15.3 billion of “budget authority” that was granted to executive branch agencies in past legislation. The administration and some in Congress have touted this proposal as…

Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…

Congress and the Trump administration could save tens of billions of dollars by acting to improve efficiency and effectiveness in dozens of federal programs that range from Medicare to military purchasing to storage of radioactive waste, according to the Government…

As lawmakers start to move forward on spending legislation for the Fiscal 2019, it seems increasingly likely that they will skip an essential first step in the congressional budget process: Passing a budget resolution. If they skip it, they will…

As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic growth will take care of everything. The nonpartisan Congressional Budget Office…

Plans are in the works for a House vote this month on a balanced budget amendment to the Constitution -- a project that is hard to take seriously after Congress in recent months has approved large, deficit-financed tax cuts and…

It probably isn’t a good sign when a political project is initially mistaken for a joke. But President Trump and House Ways and Means Chairman Kevin Brady last week found themselves having to insist that they were serious about wanting…

A new joint congressional committee on the budget process held its first meeting Thursday amid bipartisan hopes that the panel would be able to suggest helpful reforms late this year. Certainly there is room for improvement. Year after year the…