I. Introduction The Senate Budget Committee (SBC), voting 12-11 along party lines March 15, approved a Democratic-drafted FY 2008 budget resolution that aims to produce a $132 billion surplus by FY 2012. (more…)
As Congress begins work on the Fiscal Year 2007 budget resolution, The Concord Coalition offers the following checklist for a responsible budget. (more…)
The outlook for the federal budget is deceptively benign under the January 2006 baseline assumptions of the Congressional Budget Office (CBO). In its latest 10-year projections, CBO describes a budget that will reach balance in 2012 and stay balanced through…