#Discretionary Spending

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WASHINGTON - The Concord Coalition said today that the Senate should not vote on final passage of the bipartisan infrastructure bill until it has found a way to close the $256 billion of deficits between 2021 and 2031 that the…


Before Congress adjourns for its district work period in August, House and Senate Democrats hope to pass the FY 2022 budget resolution. The annual budget blueprint is essential to the Biden agenda because it initiates “reconciliation” – the special process…


Washington -  Today, the Congressional Budget Office released a topline summary of its much-anticipated update to the 2021 budget baseline. The previous installment from CBO was published in February, prior to enactment of the $1.8 trillion American Rescue Plan…


"Current figures suggest that the federal government is digging America into a hole. According to CBO’s baseline projections—which don’t account for Mr. Biden’s proposals—interest costs will surpass spending for Social Security by 2045 and will consume nearly half of…


Like the boy who cried wolf, the political media has declared this to be “Infrastructure Week” in the halls of Congress…again. The president has been abroad meeting with leaders of NATO, the EU, the G-7 and Russia, but term…


In presenting his case to Congress for an ambitious policy agenda, President Biden said, “It is not enough to restore where we were prior to the pandemic.” That thinking makes sense, but it should also be applied to the ballooning…


This week, President Biden continued to roll out an ambitious policy agenda with release of the American Families Plan (AFP), described as “an investment in our children and our families.” Major new initiatives in the plan include universal preschool for…


President Biden’s $2.3 trillion American Jobs Plan is noteworthy for two things. First, it greatly expands the definition of “infrastructure,” and second, it’s eight years of proposed spending is designed to be paid for with increased corporate taxes over 15…


After a one-week delay, on April 9th, the Biden administration finally released a peek at their FY 2022 budget. In it, the president proposes to spend $1.5 trillion on base (regular) discretionary programs next fiscal year, an increase of $118…


After enactment of the $1.9 trillion American Rescue Plan Act and the unveiling this week of the roughly $2 trillion American Jobs Plan, it is easy to forget that President Biden hasn’t actually put out a budget. In fact we’re…


For understandable reasons, the focus in Washington over the past year has been on the nation’s physical health, and its resulting consequences for the near-term economy, rather than on our longer-term fiscal health. A new report by the Government Accountability…


Mar 25, 2021
Sequestration is making headlines once again in Washington as federal lawmakers work quickly to avoid untimely reductions in Medicare reimbursements to healthcare providers – in the middle of a viral pandemic. And if one sequester wasn’t enough trouble, Congress must…

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