The exasperating politics of pensions and trust funds
Across the United States, myriad pension and trust funds are in trouble. Serious trouble. The U.S Postal Service’s retiree health benefits fund is underfunded by $70 billion, and will… Read More
Coronavirus shows why good budgeting matters
Amid the worsening coronavirus outbreak, it’s no secret that the recent flurry of emergency measures are going to drastically worsen the federal budget outlook when there already isn’t much slack… Read More
Fiscal policy in a time of crisis
Download the PDF version. Key points: 1) Congress is poised to act, but not all action will make things better2) Relief that is timely, targeted and temporary is… Read More
Creating useful transparency: How I learned to love sunlight and built the Spending Tracker
Next week is Sunshine Week, a “nationwide celebration of access to public information,” and it’s a rare point of agreement across the political spectrum that more transparency and accountability… Read More
The underfunding of the First Branch
Source: Demand Progress. From 1995 to 2020, spending on the legislative branch has lagged, according to a recent analysis by Demand Progress. Funding for Congress is a rounding… Read More
Budget wonk Jonathan Bydlak joins R Street Institute
Source: Gage Skidmore from Peoria, AZ. This week, Jonathan Bydlak joined the R Street Institute to head its new Fiscal and Budget Policy Project. “Jonathan brings deep expertise in… Read More
ICYMI: Why $1 trillion deficits are here to stay
Between 2019 and 2049, the Social Security system will collect $56 trillion in payroll taxes and benefit taxes, and spend $75 trillion in benefits. That resulting $19 trillion cash shortfall… Read More
How much gets spent on the legislative branch?
The FirstBranch Forecast has done yeoman’s work to cull “all of the spending bills for the last quarter-century and lined up the spending items in a downloadable spreadsheet. Now… Read More
APSA congressional reform task force report
Download the report. Read More
Hearing on growing government, diminishing congressional capacity, and strengthening Congress
The Select Committee on the modernization of Congress held a hearing yesterday. The topic was “restoring capacity and equipping Congress to better serve the American people.” Posted below… Read More