The Federal Budget Process, V.2

  The Federal Budget Process, V.2 A Description of the Federal and Congressional Budget Processes, Including Timelines Web preview on Google Books Budgeting for the federal government is an enormously complex process. It entails dozens of subprocesses, countless rules and procedures, the efforts of tens of thousands of staff persons in the executive and legislative … Read more

Effects of COVID-19 on the Federal Research and Development Enterprise

Summary The federal research and development (R&D) enterprise is a large and complex system that includes government facilities and employees as well as federally funded work in industry, academia, and the non-profit sector. The nation’s response to the Coronavirus Disease 2019 (COVID-19) pandemic is affecting the federal R&D enterprise, and the federal government and others … Read more

The Coronavirus Relief Fund (CARES Act, Title V): Background and State and Local Allocations

Summary: The sudden decline in economic output following the Coronavirus disease 2019 (COVID-19) outbreak has significantly altered the fiscal outlook for state and local governments. A sizable share of economic output derives from state and local government activity. These governments are generally required to balance their operating budgets every one or two years. Early evidence … Read more

“The Complacent Class”

The Complacent Class (Episode 1/5) Compare today to the 1950s. At that time, a typical apartment in New York City rented for about $60 per month, or, adjusting for inflation, about $530 a month. … Or to put that 1950s rent in perspective, the U.S. median wage at that time was about $5,000 a year, … Read more

Backdoor Authority / Backdoor Spending (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Backdoor Authority / Backdoor Spending A colloquial phrase for budget authority provided in laws other than appropriations acts, including contract authority and borrowing authority, as well as entitlement authority and the outlays that result from that budget authority.   Fiscal Law #1 – Overview   … Read more

Obligation (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Obligation photo credit: smudie A legally binding agreement that will result in outlays, immediately or in the future. A promise to pay. The obligation, the promise to pay, is the initial action in the Federal spending process. Appropriations laws establish whether funds are available to … Read more

Regular Appropriations / Supplemental Appropriations / Continuing Resolutions (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Regular Appropriations / Supplemental Appropriations / Continuing Resolutions There are three types of appropriations bills considered by the Congress. Regular appropriations bills provide funding to agencies for the next fiscal year, which runs from October 1 to September 30. Supplemental appropriations bills provide additional funding … Read more

Changes in Mandatory Program Spending / CHIMPS (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Changes in Mandatory Program Spending / CHIMPS   Sessions Unveils Amendments To Combat Billions In Spending Through Waste, Gimmicks   CHIMP is an acronym for a “CHange (either a cost or a savings) In a Mandatory Program” that is proposed or enacted in an appropriations … Read more

Office of Personnel Management / Other People’s Money / OPM (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Office of Personnel Management / Other People’s Money / OPM The core mission of the Office of Personnel Management (OPM): “serves the public by providing human resource management leadership and high-quality services that protect and strengthen the merit system of government in partnership with other … Read more