FISCAL BLOG

High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the U.S.

Although the budget would achieve some deficit reduction on paper under the administration’s calculations, it fails to address the key drivers of our long-term debt and relies on overly-optimistic assumptions for economic growth.

Growth over the next few years is expected to slow as the recent fiscal stimulus wanes.

The 50 U.S. states pull in over $2 trillion in revenue each year and, along with local governments, employ nearly 20 million people. A new report sheds light on budgets at the state level, grading performance and identifying best practices for improvement.

It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.

Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.

Since the shutdown began, about 800,000 federal employees have been furloughed or are working without pay.

Budget process rules like PAYGO help ensure that fiscal considerations are an important part of policymaking.

The 116th Congress also marks a return to divided government with the Senate controlled by Republicans and the House by Democrats. This new landscape in Washington means there is both a requirement and a valuable opportunity for lawmakers to work together on fiscal solutions.