News
Roll Call | First Budget in Four Years for Senate Democrats
Democrats and Republicans on the Senate Budget Committee say they hope to keep the focus during this week’s expected marathon markup on setting a sound course for the country’s fiscal future.
NY Times | In Search of Debt Deal, Obama Walks a Narrow Path
President Obama will go to Capitol Hill this week to try to salvage a big deficit-reduction deal, battling not only Republican resistance but also complaints from Democrats that he mishandled his last attempt.
Econ Comments & Analysis
CBO | The Effects of Automatic Stabilizers on the Federal Budget as of 2013
During recessions, federal tax liabilities and, therefore, revenues decline automatically with the reduction in output and income. In addition, some federal outlays—to pay unemployment insurance benefits, for example—automatically increase.
Heritage Foundation | What the FY 2014 Budget Should Do
With the government’s spending and debt crisis drawing nearer, the congressional budget for fiscal year (FY) 2014 marks a critical moment for the country.
Blogs
Heritage Foundation | Obama Budget to Be Submitted Even Later
The Obama Administration is on track to beat former President Bill Clinton for second-longest delay in submitting a presidential budget on time.
