Tag Archives: federal budget

On budgets and appropriations

Several piles of gold coins symbolizing government funding.

If anyone thought passing a bill was as easy as a Saturday morning cartoon, one need only look at the budget and appropriations processes in Congress to realize just how complex legislation is in real time. Whether we’re talking about funding for libraries, student loans or other programs, fiscal decision-making is as puzzling as it gets, even to the most ... Read More »

Congress passes two-year budget, raises debt ceiling

Congress just voted on a two-year budget that must now go to be considered by House and Senate appropriators.

Early this morning, the U.S. Senate gave final approval to a two-year budget agreement that raises nondefense discretionary caps and defense programs caps by $80 billion over two years. The Bipartisan Budget Act of 2015 also “suspends” the debt limit until March 15, 2017, provides additional funding through the Overseas Contingency Operations war-funding account, and outlines a series of financial ... Read More »