The Federal Budget: Spending, Taxes, and Debt

Government spending is out of control. If the American people can make tough decisions and only spend within their means, so can
Washington.

EPIC is working to improve federal budgeting, reduce spending, keep taxes low, and shrink the national debt. After all, it’s not the government’s money – it’s the American people’s money.

February 26th, 2024
Resource

Enacting a full year CR without an unpaid-for supplemental would be the most fiscally responsible option, as well as providing an increase in defense funding.

February 12th, 2024
Blog

The Congressional Budget Office (CBO) published its annual Budget and Economic Outlook on February 7, this one for the fiscal years 2024 through 2034.[1] Budget wonks and economic forecasters consider this publication one of the truly red-letter days in their calendars.  However, most Americans understandably have better ways of spending their time than pouring over […]

February 7th, 2024
Blog

The Congressional Budget Office’s New Report Shows Need for Congress to Confront Fiscal Challenges.

February 7th, 2024
Resource

Federal spending, debt, and deficits are already. But they are projected to grow unsustainably under current law.

February 7th, 2024
Blog

Adding a $118 billion supplemental appropriation to the Johnson-Schumer levels would take discretionary spending $55 billion above the Pelosi level.

January 30th, 2024
Blog

The House and Senate Budget Committees have sole authorizing jurisdiction over the Congressional Budget Office (CBO). They have long held this role since the agency’s establishment by the Congressional Budget and Impoundment Control Act of 1974. Unlike other authorizing committees, the Budget Committees, however, are not compelled to reauthorize the agency under its jurisdiction. This […]

January 30th, 2024
Publication

The Congressional Budget Office has made strides to increase transparency, but more can be done.

January 17th, 2024
Blog

The IRS’s enhanced enforcement efforts from the misnamed Inflation reduction Act are collecting only a fraction of the promised revenues.