This week’s “Update to the Budget and Economic Outlook: 2019 to 2029” from the Congressional Budget Office (CBO) projected that the federal government will hit the trillion-dollar deficit mark in … READ MORE
Deficits
Senator Enzi’s Plan to Fix the Budget Process
Last week, Senate Budget Committee Chairman Mike Enzi (R-WY) released a discussion draft containing a series of reforms to fix the broken congressional budget process. The draft contains four main components: … READ MORE
It’s Time to Change the Utterly Pointless Debt Ceiling
This week, President Trump will sign into law the 79th debt ceiling extension since 1960. For decades, the debt limit - the statutory limit on federal debt - served as … READ MORE
The Missed Opportunity of the Budget Control Act
With the expected passage of the Bipartisan Budget Act of 2019, the era of discretionary spending caps put in place by the Budget Control Act of 2011 will come to … READ MORE
Everything You Need to Know About This Week’s Big Budget Deal
8/2 Update: The House and Senate have both passed the Bipartisan Budget of 2019, sending it to the President's desk where he is expected to sign it. President Trump’s tweet … READ MORE
The New Taxation Without Representation
"No taxation without representation!" It’s a phrase that every grade school student learns when studying America’s grievances with their British rulers on the path to independence. The phrase was a … READ MORE
Three Facts About Our Future That Every Young American Needs to Know
The political news this week was dominated by the first of thirteen hundred, give or take, Democratic primary debates. The massive democratic scrum will undoubtedly continue to dominate the news … READ MORE
Where Have all the Budget Hawks Gone?
There is not a budget hawk in America who could say they were not surprised to see Office of Management and Budget (OMB) Director and Acting-Chief of Staff Mick Mulvaney … READ MORE