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Budget Digests
Budget Digest
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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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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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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Budget Digest: SNAP Reform Proposals
SNAP Background. The Supplemental Nutrition Assistance Program (SNAP) is the federal government’s largest food assistance program. In 2019, the government will spend approximately $65 billion…
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Budget Digest: Budget Control Act Cap Adjustments
With the end of the fiscal year (FY) approaching, Congress is facing several funding deadlines, including enacting appropriations bills for FY 2020. As part of…
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Budget Digest: CBO Report on Effects on Employment and Family Income of Increasing the Federal Minimum Wage
This week, the Congressional Budget Office (CBO) released a report on the effects of a federal minimum wage increase on employment and family income. The…
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Budget Digest: CBO Report on Federal Spending for Anti-Poverty Programs
Last week, the Congressional Budget Office (CBO) released a report on the federal budget’s means-tested, mandatory spending programs (programs where eligibility is determined by income).…
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Budget Digest: The United States-Mexico-Canada Agreement
Tomorrow, the Ways and Means Committee will hold a hearing with United States Trade Representative (USTR) Robert E. Lighthizer where they will have the opportunity…
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Budget Digest: Solutions For Addressing Climate Change
The House Budget Committee will hold a hearing this week on the economic and budgetary effects of climate change, where Members will examine specific policy…
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