Analysis & Indicators

Blog Post

Trust Fund Accounting Obscures Fiscal Problems of Social Security and Medicare

July 20, 2017
Every year the trustees of Social Security and Medicare issue detailed reports on the financial status of these programs. While the trustees’ reports consistently warn that both programs face serious shortfalls, the urgency of this warning is often undercut by undue attention to the years in which the Social Security trust funds and the Medicare Hospital Insurance (HI) trust fund are projected to become insolvent.
In the News

K Street Ups Pressure for Congress to Raise Debt Limit

July 17, 2017
CQ Roll Call
Topics
Debt Limit
Discretionary Spending
Economy
Federal Budget

Lobbyist for financial services and business groups are putting more pressure on Congress to quickly raise the debt limit and fund the government “without drama,” according to a July 17 s

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Blog Post

Pass Biennial Budgeting to Fix a Broken Budget Process

September 26, 2016

Even casual observers of today’s federal budget process can see it is badly broken.

Congress has repeatedly failed to pass budget resolutions. Failure to pass appropriations bills has become the norm, forcing lawmakers to rely on continuing resolutions, bills that simply extend prior spending regardless of shifting priorities. And efforts to negotiate legislation on a long-term fiscal plan are non-existent. 

Blog Post

Penny Plan Is Not a 'Plan,' It’s a Dodge

September 16, 2016

The penny plan to reduce spending by one cent on every dollar (one percent a year) has been bouncing around Washington for years but is now getting a higher profile with versions supported by the Senate Budget Committee Chairman Mike Enzi and the Republican nominee for president, Donald Trump.