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The Economy Is Soaring, And Now So Is The Deficit. That’s A Bad Combination.

Between costly tax cuts and last week’s hefty spending bill, Congress is generating deficits that aren’t just large, they’re also unprecedented and potentially ominous. And even with some optimistic assumptions, President Trump’s latest budget proposal wouldn’t eliminate these deficits — in fact, the president is still angling to add a potentially costly infrastructure plan on […]

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The Shutdown Lesson People Seem To Have Trouble Learning

If another continuing resolution to fund the government is passed Thursday without an immigration deal, Democrats will learn a hard lesson from history: If you’re in Congress and planning to shut down the government to score political or policy points, you might want to think again. The idea that every shutdown has political “winners” and […]

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20 Years Of Congress’s Budget Procrastination, In One Chart

Every year, Congress faces an Oct. 1 deadline to pass a spending package that will pay for our government through the following fiscal year. And every year since 1998, Congress has blown straight past that deadline. The government is prohibited from operating without funding, so lawmakers rely on stopgap legislation, called “continuing resolutions,” to temporarily […]

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