The official federal budget process was established in 1974 by the Congressional Budget and Impoundment Control Act. The ...
Federal spending falls into two basic categories: mandatory spending and discretionary spending. Programs such as Social Security and ...
Social Security is the largest program in the federal budget. It provides monthly income to over 60 million ...
Even casual observers of today’s federal budget process can see it is badly broken. Congress has repeatedly failed to ...
Former U.S. Rep. Steven LaTourette, a long-time champion of bipartisan fiscal reform, died last week at age 62 ...
A new report from the Congressional Budget Office reviews the serious problems facing the Pension Benefit Guaranty Corporation’s ...
The overall budget picture in Washington remains bleak as lawmakers have left town without making any meaningful progress ...
Rep. Jim Renacci (R-Ohio) has introduced a measure to require annual fiscal reports from the U.S. comptroller general ...
Senate Finance committee members harshly criticized an effort to test new ways to pay for certain drugs in ...
A new report from the Congressional Budget Office (CBO) lists numerous options for extending the solvency of the ...
House lawmakers approved defense appropriations legislation last week that would use a war-funding gimmick to circumvent spending limits ...
Federal budget debates often feature large numbers without any context. This can leave the public confused, write Rep. ...
