General Overspending
CBO Report: Spending Blasts Off
If Congress makes no reforms, federal spending is expected to rise from $4.14 trillion this year to $7.05 trillion by 2028.
Federal Spending Rescission
Worried that their spending spree in the recent omnibus bill will suppress conservative turnout at the polls this November, Republicans are now considering a “rescission” package.
New Study on the Economic Development Administration
The EDA, which cost taxpayers $287 million in 2017, funds activities that should be funded by local governments and the private sector.
Hearings Show Most Republicans Are Spendthrifts
I am a fan of Kimberley Strassel’s columns about federal politics in the Wall Street Journal. But her recent column about the omnibus spending bill—which increased spending 13 percent in one year—was off the mark.
Spending Catastrophe
The 2,232-page omnibus spending deal signed into law last week threw fiscal sanity out the window.
Who Would Want to Be the Next President?
The next president will come into office in early 2021, and the nation will be facing the most dangerous budget situation in peacetime history.
Omnibus Outrage
Congress has passed a giant omnibus spending bill with large increases for every federal budget area. If Trump goes along with the GOP leadership and hikes spending, it would cut his cabinet secretaries off at the knees.
Big Spenders Dominate
Congressional leaders have agreed to a 2,232-page omnibus spending package that allocates federal discretionary spending for 2018. Defense and nondefense spending levels are jacked up, budget caps are blown through, and the deficit is soaring.
Budget Restraints That Work
The experiences of Chile, Switzerland, and the United Kingdom with explicit fiscal rules offer lessons on how the United States can contain the growth in federal government debt.
Manufacturing Extension Partnership
The Trump administration’s 2019 budget would eliminate funding for the Manufacturing Extension Partnership (MEP) run by the Department of Commerce.