Archives: Budget Digests

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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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The Link Between Deficits and Debt

For the first time in five years, the Federal budget deficit increased in fiscal year 2016, rising to $587 billion from $438 billion in 2015. The increase stemmed from a sizeable excess of government spending over revenue.

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Obamacare's Harmful Effects and Broken Promises

Those most affected by Obamacare’s broken promises – individuals and families – struggle not only with rising costs of coverage and dwindling health care choices, but also Washington-directed mandates and penalties.

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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.

Read More