Archives: Budget Digests
Budget Digest
The Debt Limit
Daily payments coming due can reach as high as $60 billion, which could leave the Treasury unable to make some payments unless the debt limit is increased.
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Reconciliation – Part 2
After passage, the Senate would then either consider the House-passed reconciliation bill or its own reconciliation bill. If the Senate considers its own...
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Reconciliation
The fiscal year 2016 budget resolution includes reconciliation instructions to the Committees on Education and the Workforce, Energy and Commerce...
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Explaining the Effect of Sequester on Discretionary Spending
...a sequester on discretionary programs can only be ordered if appropriations exceed the spending caps set within the Budget Control Act of 2011. If a...
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Discretionary Spending and the CR
Congress may pass a continuing resolution or “CR” to keep discretionary programs operating when the new fiscal year begins on October 1, 2015...
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The Debt Limit
Daily payments coming due can reach as high as $60 billion, which could leave the Treasury unable to make some payments unless the debt limit is increased.
Read More