Federal budget projections are already quite alarming, with the national debt high by historical standards and rising rapidly. The fiscal picture looks even worse, however, if one takes into account federal insurance programs and other activities that transfer financial risks…
WASHINGTON -- With a partial shutdown of the federal government apparently taking effect at midnight, Concord Coalition Executive Director Robert L. Bixby issued the following statement: This is absurd. Government shutdowns have become “regular order.” Apparently, no policy or dollar…
Lawmakers made noteworthy progress last week on spending bills for the coming year, at least as far as timeliness is concerned. Congress approved three bills and negotiators announced a bipartisan agreement on a much larger package that could avoid a 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…