Federal Budget

In the News

There's No Way Congress Is Going to Fix Entitlements

January 04, 2018
The Atlantic
Federal Budget
Tax Policy

House Speaker Paul Ryan may think otherwise, but it’s likely the tax bill that he helped drive through Congress last month has ruled out any serious effort to address the growing costs of federal e

Blog Post

Everything Needs To Be On the Table in Budget Negotiations

December 11, 2017
When it comes to budget negotiations, many interest groups demand that certain items be considered “off the table” and exempt from any changes. The reality, however, is that everything needs to be on the table for both economic and political reasons.
Blog Post

Sequestration Is a Bad Way to Make Budget Cuts

December 07, 2017
To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing spending on services provided to them. Because different tax increases or spending cuts of the same magnitude do not always have the same impact, policymakers should aim to make informed decisions that target these policy changes rationally.
Blog Post

Entitlement Reform Should Reduce Subsidies for Those Who Don't Need Them

November 14, 2017
Individuals with the least wealth or income potential are the most dependent on government programs for support. Thus, when policymakers talk about reforming entitlement programs, many observers are concerned about the potential impact on these vulnerable groups. The good news is that there are plenty of responsible ways to reduce costs without unduly burdening beneficiaries.