#Budget Process

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Senate Budget Committee Chairman Kent Conrad (D-N.D.) and Ranking Member Jeff Sessions (R-Al.) both have expressed support for biennial budgeting -- a proposal to convert the budget process to a two-year cycle. The comments were made at a hearing last…


The new congressional committee on deficit reduction continues its work this week amid concerns that some elected officials have tried to narrow its options.In a recent guest column in the Ames Tribune in Iowa, Concord Coalition officials lament that both…


This afternoon the House is scheduled to consider a continuing resolution (CR) to fund the government through Nov. 18 at the $1.043 trillion level included in the debt limit law. The government is currently operating under a short-term continuing resolution…


Former CBO directors Rudolph Penner and Alice Rivlin were among the budget experts who testified in front of the House Budget Committee last week about the country’s broken budget process and offered their suggestions.Penner emphasized that Congress should get serious…


Members of the new congressional committee on deficit reduction are showing considerable interest in the idea of revamping the tax code. At a public hearing last Thursday, however, lawmakers on the panel expressed differing views over what changes should be…


A government shutdown was avoided last night when Senate leaders reached agreement on a continuing resolution (CR) to fund the government through Nov. 18 at the $1.043 trillion level included in the debt limit law.Due to a dispute over offsets…


The “dynamic scoring” debate is back again. (more…)


On Capitol Hill this week, attention is turning to a continuing resolution (CR). Because Congress will not complete the appropriations process before the fiscal year ends Sept. 30, a CR is necessary to prevent a government shutdown.House Appropriations Committee Chairman…


In a new report, the Congressional Budget Office (CBO) has estimated the automatic spending cuts that would occur if the super committee is unsuccessful. The committee has the goal of reducing the deficit by at least $1.5 trillion over ten…


President Obama offered his deficit-reduction recommendations to the congressional super committee on Monday, urging the panel to find both spending cuts and additional tax revenue to far exceed its assigned goal.Obama put Medicare and Medicaid on the negotiating table, giving…


With less than three weeks remaining in the fiscal year, Congress is heading towards another failure to complete the budget process. None of the twelve FY 2012 appropriations bills have been enacted. The House has passed six bills, and the…


The new congressional “super committee” meets today amid growing pressure from various quarters to look for ways to encourage economic growth while aiming well beyond its assigned goal of $1.5 trillion in deficit reduction.Washington’s debt limit law this summer created…

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