Did You Get Your Money’s Worth From Congress Last Week?
After nearly two months at home for campaign season, Congress returned last week to begin its lame duck session. The majority of the action happened off the House and Senate floors as lawmakers tried to hash out a deal to avert the fiscal cliff.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
The Reverse of Sequestration
Last November, the so-called supercommittee — a 12-member body set up by Congress to tackle a much-needed plan to cut the deficit — threw in the towel. Now, the sequestration process meant to make up for the committee’s failure, may be reversed.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
The Budget Process
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.
Timeline of Tardiness: Washington’s budget process revealed
Just like you, the government has to come up with a budget to decide what to – and what to not – spend money on. But how do they decide how much money goes to what?
Timeline of Tardiness: Washington's budget process revealed
Just like you, the government has to come up with a budget to decide what to – and what to not – spend money on. But how do they decide how much money goes to what?
Budget and economic news roundup
A roundup of this morning’s must-read budget and economic stories.
Your insider's guide to the 112th Congress
The dust has finally settled from the midterm elections whirlwind. With so much buzz about the new Congress, we created a who’s-who infographic of the members.
Definition: Budget Committee vs. Appropriations Committee
A closer look at the two committees that oversee the federal budget and spending process.
