The bill would make changes to how Congress passes spending bills, create new fiscal safeguards, and increase transparency about the federal government's finances.

Author Kurt Couchman argues that Congress must move beyond temporary funding extensions and implement a comprehensive annual ...

Before the Committee on Homeland Security and Governmental AffairsSubcommittee on Federal Financial Management,Government Information and International SecurityU.S. Senate Chairman Coburn, Ranking ...

President Joe Biden’s White House recently delivered to Congress its “Mid-Session Review” of the federal budget. The bottom line in this late July document was bad: The deficit for 2024 is projected ...

Congress’s most important job is deciding how federal money is spent. It hasn’t passed annual funding bills on time since 1997. And the normal act of budget-making has become all but impossible, with ...

The FY 2027 budget process is underway, with the president submitting his proposal April 3 and committees beginning hearings the week of April 13. Senate leadership is expected to move a budget ...

Concern for the health of American democracy is usually directed toward election-related questions such as campaign financing, voting procedures, participation rates, and gerrymandering. Yet it ought ...

Add Yahoo as a preferred source to see more of our stories on Google. As we reflect on the just-ended Department of Homeland Security funding impasse, we face a familiar problem. Such shutdowns occur ...

The elaborate farce that is the congressional budget process is now in session. The Senate voted Wednesday, April 22, for a budget resolution, not because of some newfound fiscal sanity, but because ...

Professor Courtney Wiegand’s paper, “The Effect of Fiscal Policy Shocks on Asset Prices,” examines how financial markets respond to unexpected changes in the federal government’s deficit outlook, and ...

Congress is always asking the military for transparency and simplicity. It’s a constant refrain from both sides of the Hill that the Pentagon needs to do more to pass its budgetary audits. Incen ...

For centuries, kings embroiled England in numerous wars on the European continent, largely without consulting Parliament in advance. Monarchs could do this because they alone had the power both to ...