News
Press Release
We’re Gonna Pay: The Cost of #MedicareForAll
WASHINGTON, D.C. – The Congressional Budget Office (CBO) is expected to release a “qualitative assessment” of one-size-fits-all health care in response to a request from…
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Budget Digest
Budget Digest: Automatic Stabilizers
What are automatic stabilizers? Automatic stabilizers are “features built into the economy’s tax and transfer system that lower taxes and increase spending as the economy…
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Democrats Claim a Recession is Imminent, But the Facts Don’t Agree
WASHINGTON, D.C. – Next week the House Budget Committee will hold a hearing to examine what tools the federal government has in its toolbox to…
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Budget Buster: Debt Forgiveness
Several Democratic proposals have been introduced this Congress that would forgive all outstanding debt for student loans and past-due medical bills.[1] These proposals would not…
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BUDGET DIGEST: Highway Trust Fund 101
In 1956, President Dwight D. Eisenhower signed the Highway Revenue Act to build the Interstate Highway System and establish the Highway Trust Fund (HTF) as…
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Ranking Member Steve Womack (R-AR) Testimony Before the Select Committee on the Modernization of Congress
Hearing Entitled: Recommendations for Improving the Budget and Appropriations Process: A Look at the Work of the Joint Select Committee Remarks As Prepared For…
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Vice Ranking Member Bill Johnson (R-OH) Opening Remarks at Hearing Entitled: Solutions to Rising Economic Inequality
As Prepared For Delivery: Thank you, Mr. Chairman. It seems this Committee has once again convened a hearing that does not focus on what we…
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BUDGET DIGEST: Census Report on Income and Poverty in the U.S.
Last week, the U.S. Census Bureau released its 2018 annual report on the income and poverty status of the United States. The report’s findings indicate…
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Democrats’ Plan for America: Raise Taxes and Hand Out Cash
WASHINGTON, D.C. – The Democrats’ propensity for budget-busting spending proposals came to light once again last night in the third Democratic presidential debate. Within minutes…
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BUDGET DIGEST: An Update to The CBO Budget and Economic Outlook
The Congressional Budget and Impoundment Control Act of 1974 (Budget Act) requires the Congressional Budget Office (CBO) to provide the House and Senate Budget committees…
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