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”
Tag: budget caps
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
FY 2020 Appropriations Starting
It’s a been a while. In any event, it’s a big week. The House Appropriations Committee begins work on FY 2020 appropriations bills even though top-line numbers haven’t entirely been decided in the Democratic Caucus, and the Congressional Budget Office (CBO) releases its revised baseline on this coming Thursday, May 2. This week’s House Appropriations … Continue reading FY 2020 Appropriations Starting
Michael Kans 