FY 2018 Budget

Sep 21, 2018 | Blog Paper Press Release | Taxes

No, Really, Tax Revenue Has Not Risen

At the Economic Club in New York earlier this week, White House National Economic Council Director Larry Kudlow claimed that “revenues...are up...
Concept_Debt_pennies

Does the Rescissions Bill Cut $15 Billion in Spending?

The President recently updated and revised his request to rescind some spending, removing some cuts from the proposal and clarifying others. The...
Concept_calculator

What's in the President's Rescission Request?

Update: CBO released an estimate of the effect of the CHIP rescission on outlays and coverage. CBO estimates that the proposed rescission would not...
Concept_Debt

The Omnibus Spent More than Either Side Asked For

The Bipartisan Budget Act of 2018 (BBA) increased this year's discretionary spending caps by a whopping $143 billion, paving the way for a 13 percent...
Concept_DC_Capitol Building

Appropriations Watch: FY 2018

Here is a link to the Appropriations Watch for FY 2019. Last updated 3/23/2018. Congress has completed action on omnibus...
Concept_DC_Capitol Building

Budget Deal Would Bust Original BCA Caps

The budget deal currently being considered by Congress would increase discretionary spending caps over the next two years by $165 billion for defense...
Concept_Capitol Building_Money

CBO Finds Budget Deal Will Cost $320 Billion

The Congressional Budget Office has released a series of estimates for the budget deal announced yesterday. The deal would add $320 billion to...
Concept_DC_Capitol Building

Budget Deal Would Assure Permanent Trillion-Dollar Deficits

Note (2/9/2018): We have published an update to this blog reflecting passage of the Bipartisan Budget Act of 2018. It is posted here. Lawmakers...
Concept_DC_Capitol Building Storm

Q&A: Everything You Should Know About Government Shutdowns

As we’ve learned to expect, Congress seems to be waiting until the last minute to address several important fiscal priorities. One of the most...
Concept_Wallet

Three-Week Funding Deal Includes $30 Billion in Tax Cuts

Lawmakers came to a bipartisan agreement to end the federal government shutdown yesterday, but it came with a very high price. The continuing...

Pages