Budget

California's Budget Projects a $22 Billion Surplus, Yet Wants Billions More in New Taxes
After 32 consecutive victories on the TV game show “Jeopardy,” James Holzhauer, a professional sports gambler from Las Vegas, Nevada, saw his incredible winning streak come to an end. Finishing with $2,462,216 in total prize money, James

RSC Budget Provides Only Clear Path Toward Fiscal Responsibility
The national debt stands at more than $22 trillion, with trillion-dollar deficits right around the corner. Entitlement spending continues to rise and is projected to make up 60 percent of spending for Fiscal Year (FY) 2020.

House Subcommittee Concerned over "Too Big to Fail" Mentality at NASA
On Thursday, June 14, 2018, the House of Representative’s Subcommittee on Space met to discuss the rising cost and schedule overruns at the National Aeronautics

Rescission and the Trump Administration
Rescission is an abstruse presidential tool passed amid the Nixon administration under the Congressional Budget and Impoundment Control Act of 1974.

Myths and Realities: Earmarks
Reality: Earmarks are not the answer to mitigating the extreme partisanship that exists in Washington and are have nothing to do with getting things done.

Connecticut and Pennsylvania Pass Budgets
As we finish our Halloween candy and start preparing for Thanksgiving, each of the fifty states has now passed its required budget. As forty-nine of the fifty states require a balanced budget, which means the politicians can’t always resort to...

Connecticut Legislature Passes a Bipartisan Budget Plan
Faced with a budget deficit of $3.5 billion over the next two years, and three months overdue on a budget for fiscal years 2018 and 2019, Connecticut lawmakers face a difficult situation and must make tough choices. In

Congress Passes Continuing Resolution
On September 28, 2016, the U.S.

IRS Undermines Congressional Budgeting
In a July 2016 report, the Government Accountability Office (GAO) found that the Internal Revenue Service (IRS) could improve its budget data in its justifications to Congress. The report found that the IRS, while it has taken steps to more

House Budget Committee Hearing on Unauthorized Programs and Mandatory Spending
On June 9, 2016, the U.S.

OMB Tackles Some Low-Hanging Fruit
On January 20, 2016, Citizens Against Government Waste (CAGW) weighed in on a request for comments from the Office of Management and Budget (OMB) on the requirements that should be included in its guidance to federal departments and agencies for...

House Sends Obamacare Repeal to the President
Yesterday evening, the U.S. House of Representatives passed H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act, by a vote of 240-181.