#Budget Process

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A new joint congressional committee on the budget process held its first meeting Thursday amid bipartisan hopes that the panel would be able to suggest helpful reforms late this year. Certainly there is room for improvement. Year after year the…


No sooner had Congress approved its fourth budget stop-gap measure in four months than lawmakers began talking about the need for a fifth one in February. On Wednesday the No. 2 Republican in the Senate, Majority Whip John Cornyn, raised…


WASHINGTON -- The Concord Coalition expressed frustration today over Washington’s need for repeated short-term stop-gap funding measures and the inclusion of policies in them that will further increase the deficit. “It's good that the impasse leading to a partial government…


Lawmakers on Capitol Hill are debating whether to revive the practice of earmarks after President Trump expressed support for reversing a ban that has been in place since 2011. The ban was originally touted as a way to crack down…


When it comes to budget negotiations, many interest groups demand that certain items be considered “off the table” and exempt from any changes. The reality, however, is that everything needs to be on the table for both economic and political…


To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing spending on services provided to them. Because different tax increases or spending cuts of the same magnitude do not always have the…


There is no shortage of proposals in Congress and in academia for improving the federal budget process. Given that the process has remained essentially unchanged since 1974, it may well be overdue for a facelift. Many of these proposals, such…


Policymakers in both parties often want to take credit for responsibly offsetting the costs of popular tax cuts or spending increases, but without actually making the hard choices necessary to do so. That would require higher taxes or lower spending…


WASHINGTON -- The Concord Coalition said today that fiscal policy has taken a very negative turn with adoption of the 2018 congressional budget resolution explicitly calling for deficit-financed tax cuts. “In the face of a debt burden higher than at…


The Concord Coalition said today that the Senate, in adopting a Fiscal Year 2018 budget resolution calling for deficit-financed tax cuts of up to $1.5 trillion over 10 years, has abandoned fiscal responsibility and embraced deepening debt as a misguided…


Most people agree that current fiscal policies are unsustainable. It is thus a matter of common sense to require those who want to enact new tax cuts or entitlement expansions -- both of which would enlarge the structural deficit --…


Members of Congress often talk about the need to improve government efficiency, but recent testimony from an official with the Government Accountability Office (GAO) is a reminder that lawmakers could help by simply getting their budget work done in a…

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