Concord Coalition Executive Director Carolyn Bourdeaux, Senior Advisor Bob Bixby, and former Chief Economist Steven Robinson joined a recent statement with budget experts from across partisan divides who agree on one thing: how the costs and savings of legislation are…
Part 2: College Students Introduction President Biden’s FY 2022 Budget proposes to spend nearly $1.7 trillion over the next ten years on several new or expanded entitlement programs for children, college students, the elderly, and the disabled. The budget also…
Introduction In part one of this defense primer, readers learned that the defense budget is a significant portion of the federal budget (about 15% in 2019), approximately 96% of which is Department of Defense spending (the Pentagon’s…
Most Americans know that the defense budget constitutes a substantial portion of federal spending, but there remains plenty of confusion as to just how much. While a quick search can answer that for you (spoiler alert: $714 billion in…
Part 1: Children Introduction President Biden’s FY 2022 budget proposes to spend nearly $1.7 trillion over the next ten years on several new or expanded entitlement programs for children, college students, the elderly, and the disabled. The budget also contains…
Key Takeaways Several times each year, the Congressional Budget Office publishes a baseline – a policy-neutral snapshot of the federal budget meant to inform lawmakers about future trends, such as the sustained imbalance between revenues and spending. Often, the…
Congress is returning from its lengthy recess to a depressingly familiar situation for this time of year: The budget process has broken down and lawmakers have only a few weeks to reach agreement on legislation needed to keep the government…