Where Does the Budget Stand Compared to Historical Averages?
Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
Bipartisan Budget Act
Recent Fiscal Irresponsibility Will Double Deficits
As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the...
President Trump’s $4 Trillion Debt Increase
If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In...
Addressing Common Claims About the Budget Deal
The President and Congressional leaders announced a plan to raise the caps on discretionary spending by $322 billion for Fiscal Years (FY) 2020...
Budget Deal's Offsets Don't Even Cover The Interest
President Trump and leaders in Congress announced a deal this week to increase caps on discretionary spending by $169 billion in 2020 and $153...
Five Reasons to Oppose the Budget Deal
Congressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...
Proposed Budget Agreement Could Cost $1.7 Trillion
Update: A Congressional Budget Office (CBO) score of the deal shows that the offsets are $55 billion rather than $77 billion as reported in the press...
A Plan to Raise the Caps Without Breaking the Bank
Due to the large temporary increase in discretionary spending levels for Fiscal Years 2018 and 2019 in the Bipartisan Budget Act of 2018, spending is...
Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
The 2017 tax cut and the 2018 spending bill loom large in the latest Congressional Budget Office (CBO) outlook; the two pieces of legislation as...
Bipartisan Budget Act Means the Return of Trillion-Dollar Deficits
Lawmakers have passed a budget deal that will increase deficits by $320 billion over a decade or almost $420 billion with interest and sets the stage...