Complex Budget Terms and Processes — and Why They Matter
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
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Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
What is a balanced budget amendment to the Constitution, and how would it work in practice?
https://www.pgpf.org/budget-basics/balanced-budget-amendment-pros-and-cons
The U.S. spent $187 billion on interest payments alone in 2009.
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Making changes to defense, health care and Social Security will help us reduce our debt, and also leave money to fund other critical responsibilities and invest in our future.
https://www.pgpf.org/budget-basics/the-other-20-of-federal-spending
One issue that most lawmakers and voters agree on is that our tax system needs reform.
https://www.pgpf.org/infographic/how-the-us-tax-system-works
There is one cap for national defense and another cap for non-defense programs.
Higher short- and long-term Treasury rates mean that the federal government's borrowing costs will also rise.