Archives: Budget Digests

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Regulatory Budgeting

New regulations are much more common than new legislation. In 2015, 3,410 formal rules were issued by Federal agencies, while only 115 laws were passed...

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Effective Budget Enforcement

The failure of budget enforcement mechanisms has at least two major consequences: it significantly reduces the effectiveness of the budget resolution and...

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Fiscal Norms and Targets

The erosion of the balanced budget standard has deprived policymakers of the only consensus for fiscal policy they ever had, and nothing has replaced it...

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Reclaiming the Power of the Purse

This Wednesday, the House Budget Committee will hold a hearing to examine how Congress has ceded its authority over spending to the Executive Branch...

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