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Jul 20, 2017

What is Budget Reconciliation?

Reconciliation is a powerful process, whereby legislation drafted to meet those instructions has an easier path to passage.


https://www.pgpf.org/budget-basics/understanding-complex-budget-terms-and-processes-and-why-they-matter/what-is-budget-reconciliation

Explainers

Jul 20, 2017

What is Sequestration?

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.


https://www.pgpf.org/budget-basics/understanding-complex-budget-terms-and-processes-and-why-they-matter/what-is-sequestration

Explainers

Jul 20, 2017

What is the Congressional Budget Office (CBO)?

CBO plays a vitally important role in the federal budget process.


https://www.pgpf.org/budget-basics/understanding-complex-budget-terms-and-processes-and-why-they-matter/what-is-the-congressional-budget-office-cbo

Explainers



Jun 7, 2018

10 Largest Budget Functions

Here are the top ten spending categories for the federal budget.


https://www.pgpf.org/budget-basics/top-10-largest-budget-functions

Explainers



Jun 26, 2018

What is PAYGO?

PAYGO is a budget enforcement mechanism intended to prevent passage of legislation that increases deficits.


https://www.pgpf.org/budget-basics/understanding-complex-budget-terms-and-processes-and-why-they-matter/what-is-paygo

Explainers



May 7, 2019

What Are Federal Trust Funds?

Federal trust funds bear little resemblance to their private-sector counterparts.


https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds

Explainers



Jun 21, 2019

What Are Discretionary Spending Caps?

There is one cap for national defense and another cap for non-defense programs.


https://www.pgpf.org/budget-basics/understanding-complex-budget-terms-and-processes-and-why-they-matter/what-are-discretionary-spending-caps

Explainers



Aug 23, 2019

Budget Basics: National Defense

The United States spent $631 billion on national defense during fiscal year (FY) 2018 according to the Office of Management and Budget, which amounts to 15 percent of the federal budget.


https://www.pgpf.org/budget-basics/budget-explainer-national-defense