CARES Act Largely Bypasses Tech Funding and Issues

On March 27, President Donald Trump signed into law the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) (P.L. 116-136), the third stimulus package in the last month, that could cost $2.5 trillion, or even more, once all the spending is accounted for. There are provisions in the package loosening restrictions and increasing funding … Continue reading CARES Act Largely Bypasses Tech Funding and Issues

“I’m Shocked, Shocked To Find That Gambling Is Going On In Here”

The Congressional Budget Office (CBO) has updated its January “The Budget and Economic Outlook: 2019 to 2029,” and to what should be no great surprise, the U.S.’s projected fiscal condition is, well, not good. To anyone monitoring the CBO’s economic and budget updates, this is really not news. Nor is the insistence of some that … Continue reading “I’m Shocked, Shocked To Find That Gambling Is Going On In Here”

What’s PAYGO; And, First Cracks In Budget Deal Kumbaya

For those afflicted individuals like me who actually read legislation, one may have stumbled upon some intriguing language in the “Bipartisan Budget Act of 2019” (P.L. 116-37): Effective on the date of the enactment of this Act, the balances on the PAYGO scorecards established pursuant to paragraphs (4) and (5) of section 4(d) of the … Continue reading What’s PAYGO; And, First Cracks In Budget Deal Kumbaya

Appropriators Have Work To Do

Now that Congress and the White House have agreed on the FY 2020 top line numbers for defense and non-defense discretionary spending, both the House and Senate need to adjust the numbers they have put forth as their working caps. The House did not pass a budget resolution and instead passed a deeming resolution (H.J.Res. … Continue reading Appropriators Have Work To Do