The Congressional Budget Office (CBO) recently emphasized the need for lawmakers to soon address the revenue shortfall in the Highway Trust Fund, which must otherwise stop some payments for ongoing projects later this summer.Congress, however, is still struggling to find…
The Congressional Budget Office (CBO) cost estimate for the Senate’s expansion of veterans’ health care has been getting a lot of attention from budget groups and members of Congress. (more…)
The Overseas Contingency Operations (OCO) account, which funds combat missions abroad, is exempt from discretionary spending caps. As this part of the Pentagon’s budget begins to take shape for the coming year, policymakers must resist the temptation to use the…
House Lawmakers returned to their old habits during a markup of the $570.4 billion defense appropriations bill, protecting expensive weapons projects favored by lawmakers while ignoring many of the cost-saving initiatives the Pentagon proposed in its Fiscal 2015 budget request.Like…