Some Republicans fear a tea party-like backlash against the trillions of dollars in spending Congress approved, said Robert L. Bixby, executive director of the Concord Coalition, a deficit watchdog group. “I just think that they are very much afraid that…
This week, the Congressional Budget Office released its much-anticipated update to the 2020 budget baseline. The previous installment from CBO was published in March 2020, just ahead of the COVID-19 outbreak in the United States, the subsequent economic fallout, and…
Avid readers of The Lookout will notice that my missive today is unlike any of my previous entries. If you are accustomed to the colorful charts and technical policy analyses that usually accompany my posts, my sincerest apologies. Those features…