Control Federal Spending SOON!
Posted by Jim Harper
I was excited when I saw that S. 1808 had been introduced. The description given to it by its author was that it would “control Federal spending now,” and its short title is the “Control Spending Now Act.”
To think, spending would come under control—NOW!
But I waited to see the text of the bill, because anything [...]
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Congress Running Late on Spending
Posted by Jim Harper
Congress is well behind now on passing the bills that govern spending for the 2010 fiscal year. It starts on October 1st, in just 12 short days.
As you can see from the chart to the right, Congress was supposed to have been well through the process in early summer. It’s not working out that [...]
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FY 2010 Spending Tracker Updated – $20,000 per Family
Posted by Jim Harper
We’ve updated the FY 2010 Spending Tracker. The House has now voted on each of the twelve bills that dictate spending for the 2010 fiscal year which starts October 1st.
The Senate has seven bills of its own and has acted on a couple of the House bills.
That’s where the action will be when Congress returns [...]
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Congress Passes War Spending Bill
Posted by Jim Harper
Both the House and Senate have passed identical versions of H.R. 2346, the Supplemental Appropriations Act, 2009. It now goes to the president for his signature. The bill spends about $920 per U.S. family.
This bill is mostly to fund war spending, but, as the AP reports, it “also branches off to provide money for programs [...]
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100 Days, 100 Projects, $1,000 per U.S. Family
Posted by Jim Harper
Yesterday, the administration issued a document called “Recovery Report: 100 Days 100 Projects“:
In the first 100 days since President Obama signed the American Recovery and Reinvestment Act into law, we have obligated more than $112 billion, created more than 150,000 jobs and helped communities and tribes in every state and territory. But recovery is more [...]
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$1,000 per U.S. Family in War Spending Up for a Vote Today
Posted by Jim Harper
[Update: The Senate counterpart to this bill has been introduced as S. 1054.]
Today, the House is scheduled to debate a supplemental spending bill, mostly for funding the wars in Iraq and Afghanistan. The bill would spend about $1,000 per U.S. family. (OK, the precise figure is $988.)
H.R. 2346 is the bill. If you want to [...]
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Senate Budget Plan – Analyzed
Posted by Jim Harper
The House passed its budget yesterday and the Senate passed its budget plan too. Like we did with the House budget, we’ve run the numbers of the Senate plan as introduced, and will break them down for you here.
Under the Senate plan, total spending in Fiscal Year 2010 (outlays) will be just short of [...]
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The House Budget Plan – Analyzed
Posted by Jim Harper
The House Budget Committee revealed its budget plan late last week and it’s up for a vote later this week. We’ve run the numbers, and will break them down for you here.
Under the House plan, total spending in Fiscal Year 2010 (outlays) will be just short of $3 trillion dollars. (Specifically $2,996,234,000,000.00). [...]
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CBO: Administration Budget Incomplete
Posted by Jim Harper
We’ve written here before about the fact that the administration and Congress are already falling behind on the federal spending process for fiscal 2010. When they don’t follow the regular process, mistakes and shenanigans happen.
In this post (it’s a little longish – down toward the end), we pointed out that the Congressional Budget Office [...]
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Senate Passes Big Spending Bill – Now, On to 2010!
Posted by Jim Harper
If at first you don’t succeed, try, try again. And with another couple days at it, the Senate has cleared the big omnibus spending bill and it goes to the President for his signature. He is sure to sign it as funding for most of the government runs out if he doesn’t.
Spending per U.S. family [...]
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