Reports by Matt Fiedler
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Results by year: 2008 | 2007 | 2006
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From Surplus to Deficit
December 13, 2006
The adjournment of the 109th Congress provides an opportunity for a broad look at the budget legislation enacted since a new Administration and Congress took office at the start of 2001. This review finds that the national debt at the end of fiscal year 2006 (which ended September 30) was nearly twice as large as it would have been if Congress had left … -
Recent Action by Congress Sets Up Larger Appropriations Cuts in Lame-Duck Session
October 13, 2006
As a result of action Congress took before adjourning for the elections, widespread cuts in domestic appropriated programs are likely to be made during Congress’ lame-duck session (or early next year, if Congress fails to complete action on appropriations for fiscal year 2007 in November or December). Congress shifted $5.3 billion that Senate … -
Even With New Budget Projections, Budget Deterioration from 2000-2006 Will Be the Largest 6-Year Deterioration in Half a Century
Revised August 17, 2006
The Congressional Budget Office has issued new estimates that show that the budget deficit will be 2.0 percent of the Gross Domestic Product in 2006, down from the 2.8 percent of GDP that CBO had estimated (under Administration policies) earlier this year. Over the last month, the Administration has celebrated the reduction in … -
Proposed Discretionary Caps Would Hit States Hard
July 5, 2006
The Senate Budget Committee on June 20 approved legislation (S. 3521) crafted by Budget Committee Chairman Judd Gregg (R-NH) that would make a number of far-reaching changes in the federal budget process.[1] Included in the legislation, which the full Senate may consider this summer, are provisions that would establish …
