Understanding Complex Budget Terms and Processes: What Are Discretionary Spending Caps?
There is one cap for national defense and another cap for non-defense programs.
The search found 63 results in 0.239 seconds.
There is one cap for national defense and another cap for non-defense programs.
The National Flood Insurance Program (NFIP) is run by the federal government to reduce the impact of flooding on private and public structures.
https://www.pgpf.org/budget-basics/the-national-flood-insurance-program
The January 2013 fiscal cliff involves several components of tax cuts and spending provisions.
PREVIOUS: A Brighter Economic Future
For more information about America’s fiscal challenge and potential solutions, visit the Peter G. Peterson Foundation at www.pgpf.org. The following websites also provide a wealth of information on the U.S. budget and various policy areas.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/learn-more
PAYGO is a budget enforcement mechanism intended to prevent passage of legislation that increases deficits.
Budget Explainer: What's at Stake with Discretionary Spending Cuts
https://www.pgpf.org/budget-basics/budget-explainer-whats-at-stake-with-discretionary-spending-cuts
CBO plays a vitally important role in the federal budget process.
Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
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
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.