Archives: Budget Digests

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Deficit Reduction Through Reconciliation

The real purpose of reconciliation is to change substantive law so that revenue and mandatory spending levels are brought into line with budget resolution policies.

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The Continuing Resolution

While a CR prevents a lapse in government operations, it denies Members the opportunity to thoroughly debate government spending and update funding priorities through amendments in the regular appropriations process.

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The Challenge of Balancing the Budget

As Congress turns to the fiscal year 2018 budget, the fiscal outlook suffers from a weak economy, mounting pressure on spending, and deeper projected deficits.

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What is a Budget Resolution?

The budget is a concurrent resolution – a solely congressional measure, agreed to by the House and Senate, that does not require the President’s signature to become the blueprint for fiscal policy.

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American Health Care Act: CBO Cost Estimate

According to the Congressional Budget Office [CBO] cost estimate released this week, enacting this bill will reduce projected Federal spending by $1.2 trillion through 2026, and will reduce deficits by $337 billion.

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Patient-Centered Health Care

Policies under consideration would provide a stable transition from Obamacare’s Washington mandates and unchecked spending to patient-centered reforms including the following:

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Improper Government Payments and the Tax Gap

Improper payments are defined as those made in incorrect amounts (mostly overpayments), to the wrong entity, or for the wrong reason. The Government Accountability Office [GAO] says these payments totaled $136.7 billion in fiscal year 2015...

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