#Budget Process

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* Updated based on the CBO Preliminary Analysis of the President’s Budget released on March 18 As the new chairman of the House Budget Committee, Paul Ryan faces a daunting task in producing a budget resolution that satisfies the policy goals…


Appropriations remain on the agenda this week as Congress considers yet another short-term continuing resolution (CR). A new CR is necessary to prevent a government shutdown when the current one expires this Friday.After the Senate last week rejected both a…


President Obama’s Fiscal Year 2012 budget is not a bold policy proposal. It is an oddly complacent budget for a situation that requires anything but complacency.Faced with a growing chorus of warnings from official and unofficial sources that we are…


After John Boehner (R-OH) was formally elected speaker of the House of Representatives last week, the first order of business was approving rules to govern the House during the 112th Congress. The House quickly adopted a rules package making several…


With lawmakers returning to Washington this week, Republicans face an extremely difficult task: Living up to the campaign rhetoric that helped them gain dozens of congressional seats in the Nov. 2 elections.Republicans campaigned on a pledge to move towards a…


In a marathon session, the president’s fiscal commission heard suggestions late last month from dozens of organizations and individuals on how to fix Social Security, improve the tax system and tackle other difficult challenges facing the country.The bipartisan commission is…


Before leaving town in December, Congress raised the statutory debt limit by $290 billion to $12.39 trillion. This was a short-term patch that will only provide enough borrowing authority to last until mid-February. Congress must, therefore, address the issue again…


I. Policy Proposals - Relative to What? Three times every year the Congressional Budget Office (CBO) produces a "baseline" of its budget outlook for the coming decade. As described by CBO, the baseline represents its "best judgment of how the…

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