Archives: Budget Digests
Budget Digest
Rescissions 101
A rescission is the permanent cancellation of previously enacted budget authority, which eliminates the Administration’s ability to spend a specific amount of money on a specified program.
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Reconciliation 101
Triggered by the adoption of a concurrent budget resolution, reconciliation is a powerful tool in the budget process.
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Members' Day: A Forum for Budget Ideas
While the House Budget Committee is responsible for actually writing the budget, the plan is made better when members engage in the process.
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Building a Budget Resolution
As a concurrent resolution, the budget resolution provides Congress with a framework for the subsequent consideration of spending and tax legislation.
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CBO's Baseline: Mandatory Spending Dangerously on the Rise
While CBO’s projections for fiscal years 2018 to 2028 are sobering, it is not surprising that mandatory spending, including interest on the federal debt, continues to be the greatest driver of our nation’s fiscal insolvency.
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The Budget and Economic Outlook: CBO's Baseline
The baseline serves as a neutral benchmark from which to consider the effects of policy options and determine funding levels when writing the budget resolution.
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The Budget Committee: Working Together with Appropriators and Authorizers
An effort is now underway to repair and improve the budget process, including how the Budget Committees currently interact with appropriations and authorizing committees.
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Basics of the Current Federal Budget Process
The budget process refers to the steps necessary for adoption of a concurrent resolution on the budget.
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Rescissions 101
A rescission is the permanent cancellation of previously enacted budget authority, which eliminates the Administration’s ability to spend a specific amount of money on a specified program.
Read More