Seattle

Eno Transportation Weekly

Category: Budget

CBO Updates Savings Estimates from Spending and Tax Choices

December 14, 2018 – This week, the nonpartisan Congressional Budget Office issued its biennial report updating a wide menu of revenue increase and spending cut options and the amount by which each of the 121 options would decrease federal deficits over the coming years.

An Open Letter to the Joint Select Committee on Budget and Appropriations Process Reform

When looking at budget process reform, remember that through a series of historical accidents, 99 percent of the spending from the Highway Trust Fund is exempt from both statutory systems of budget discipline – the PAYGO process for mandatory spending, and the Budget Control Act spending caps for discretionary spending. Thus, Highway Trust Fund spending is also exempt from sequestration –┬ábecause sequestration is only a tool used to enforce the statutory systems of budget discipline.

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