How Congress made the Secretary of the Treasury the boss

April 24, 2020
Meet the new boss. The most memorable official pronouncement during the financial crisis of 2008 came at a Senate Banking Committee hearing on July 15. There, Treasury Secretary Henry Paulson… Read More

Could Democrats and Republicans both benefit from bringing back earmarks?

April 16, 2020
Discussions about bringing back earmarks have flared up on Capitol Hill in recent years. Democrats in particular have expressed interest in reviving procedures whereby members of the House of Representatives could… Read More

Broad coalition endorses principles for transparency and oversight of coronavirus stimulus spending

April 10, 2020
Download the letter April 6, 2020 The Honorable Nancy PelosiSpeaker of the HouseU.S. House of Representatives Washington, D.C. 20514The Honorable Kevin McCarthyMinority Leader… Read More

The exasperating politics of pensions and trust funds

March 30, 2020
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

March 27, 2020
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

March 24, 2020
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

March 5, 2020
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

March 4, 2020
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

March 3, 2020
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

February 24, 2020
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