EconomyCommentary
More than $21 trillion in debt, it looks like Washington has forgotten some basic economics. Peacetime and a strong economy are universally agreed upon criteria… Read More
EconomyCommentary
The Congressional Budget Office’s latest long-term budget outlook, released this week, shows that the nation is still on an unsustainable budget path, with no improvement… Read More
EconomyCommentary
The House Budget Committee last Thursday approved a budget resolution for fiscal 2019. The House budget, dubbed “A Brighter American Future,” would achieve balance in… Read More
EconomyCommentary
The Heritage Foundation has released its annual “Blueprint for Balance,” which, if fully adopted, would cut taxes, maintain a strong national defense, and balance the… Read More
EconomyCommentary
The House Budget Committee this week unveiled its fiscal 2019 budget proposal, and the most important aspect is that it provides reconciliation instructions to authorizing… Read More
EconomyNews
The Senate rejected an effort to $15 billion rescission bill on Wednesday with a 48-50 vote. A group of Republican senators led by Sen. Mike Lee… Read More
EconomyNews
Policy experts at The Heritage Foundation unveiled the think tank’s extensive “Blueprint for Balance” report on Monday, with the goal of providing Congress with a… Read More
EconomyCommentary
In April, the Congressional Budget Office released its updated budget projections, and the outlook is grim. The annual federal deficit is projected to rise to… Read More
Health CareCommentary
Following the president’s rescissions proposal, it’s not surprising there has been some confusion surrounding what it would and would not do. The term “rescission” itself… Read More
EconomyCommentary
When I was elected in 2016, the national debt was nearing $20 trillion. The annual structural deficit—meaning how much more the federal government spends than… Read More
SocietyNews
In funding theatrical productions aimed at increasing acceptance of transgender people the National Endowment for the Arts runs the risk of reigniting a long-dormant debate… Read More
EconomyNews
The House of Representatives voted 210-206 Thursday night to claw back $15 billion in appropriated spending, making good on the lead of President Donald Trump, who… Read More
EconomyNews
A major conservative-libertarian advocacy group has thrown its support behind President Donald Trump’s call for canceling more than $15 billion in spending as a good… Read More
EconomyCommentary
When you read the budget message President Donald Trump sent Congress earlier this year, you soon come across a concession that Washington insiders have been… Read More
EconomyNews
Republican lawmakers have introduced a bill that would claw back $15 billion in appropriated spending, following the lead of President Donald Trump, who submitted a… Read More
EconomyCommentary
In early May, President Donald Trump submitted a rescission request to Congress to roll back more than $15 billion in spending. The House initially seemed… Read More
EconomyCommentary
It doesn’t take a genius to realize the U.S. budget process is broken. The biggest reason for that is that too much spending is growing… Read More
EconomyCommentary
Over the next 10 years, our publicly held debt is set to almost double, going from around $15 trillion today to more than $28 trillion… Read More
EconomyCommentary
President Donald Trump on Tuesday submitted a special message to Congress requesting that $15 billion in unspent funding be rescinded. That’s a good first step… Read More
EconomyAnalysis
President Donald Trump is asking Congress to approve a $15 billion package of spending cuts, much of which would apply to money that was authorized… Read More
EconomyNews
The Trump administration intends to ask Congress to cancel $15 billion in spending Tuesday, although some conservative lawmakers say more could be done to reduce… Read More
EconomyCommentary
The Republican Study Committee has released its fiscal year 2019 budget proposal, “A Framework for Unified Conservatism.” In light of the recent budget-busting deal and… Read More
EconomyNews
EPA Administrator Scott Pruitt offered up a vigorous defense of his record amid negative media coverage of his travel, security, and living expenses Thursday in… Read More
EconomyCommentary
Sen. Rand Paul, R-Ky., and Rep. Mark Sanford, R-S.C., recently revived the “penny plan,” which calls on Congress to reduce spending by at least one… Read More
EconomyNews
House conservatives propose to cut nondefense spending and balance the federal budget within eight years in a blueprint released Wednesday. The document produced by the… Read More
EconomyNews
Office of Management and Budget Director Mick Mulvaney says his staff will soon be sending a package to Congress to rescind some of the planned… Read More
EconomyCommentary
The first public hearing of the new Joint Select Committee on Budget and Appropriations Process Reform will take place on Tuesday. The committee was established… Read More
SecurityCommentary
As part of the budget process for the coming fiscal year, the House Armed Services Committee hosted Secretary of Defense James Mattis and Chairman of the… Read More
EconomyNews
Republicans in Congress tout increased military spending in the omnibus budget bill signed by President Donald Trump, but spending on defense actually increased less than… Read More
EconomyCommentary
If you are looking for some grim reading, try the latest budget and economic outlook for the coming decade from the Congressional Budget Office. It… Read More
