After a one-week delay, on April 9th, the Biden administration finally released a peek at their FY 2022 budget. In it, the president proposes to spend $1.5 trillion on base (regular) discretionary programs next fiscal year, an increase of $118…
For understandable reasons, the focus in Washington over the past year has been on the nation’s physical health, and its resulting consequences for the near-term economy, rather than on our longer-term fiscal health. A new report by the Government Accountability…
The annual economic projections of the Congressional Budget Office (CBO) underpin the agency’s budget estimates. In a normal year, the new economic projections are released as part of the January budget baseline, and while budget updates are issued at various…
As policymakers put together a nearly $1.9 trillion COVID-19 relief package, using the reconciliation process as the vehicle for passage, Concord Coalition Policy Director Tori Gorman has been explaining how the process works, restrictions within it, the political fault…