By the end of each fiscal year (Sept. 30), the U.S. Congress is required to pass spending bills for the next fiscal year. If it fails, Congress must either pass a continuing resolution or the federal government will shut down
Last week the U.S. House kicked off the annual appropriations process by passing the first spending bills for fiscal year 2014. What is this process, why is important, and how long will it take? We answer these questions and more in “5 Things to Know about the Appropriations Process …”
Last week taxpayers spent roughly $107.8 million on Congress. Did you get your Money’s Worth?
Motivation. It is what pushes us to excel in our endeavors. On Capitol Hill though, motivations take on a different meaning. Motivation can cause members to push bills through Congress, to make tough choices for thebetterment of the country, or – as is the case today – do nothing.
April 15 has come and gone. And with it, another missed deadline by Congress to complete action on the federal budget. Did you know by failing to complete a budget by April 15, Congress isn’t following the law?
Before the government’s next fiscal year begins (runs from October 1, 2012 – until September 30, 2013), Congress and the President must fund some of government’s spending. The federal budget process has been muddied and been made confusing, so let’s examine exactly how it works.
The airwaves are full of talk about the federal budget. Why all the hype? To the average onlooker, the federal budget process may be confusing. We attempt to explain.
Congress’ Christmas letter didn’t arrive until today – check out all they’ve been up to.
A roundup of this morning’s must-read budget and economic stories.
As the previous CR was to expire tonight at midnight, a minibus spending bill with another CR averts the threat of a government shutdown.