CBO: Repeal of ACA Will Explode Future Deficits

What's the opposite of well thought out and helpful public policy?

Here's an interesting piece of news out of the non-partisan Congressional Budget Office (CBO): the Republican bill to repeal the Affordable Care Act (ACA) will increase federal budget deficits "something in the vicinity of $230 billion" over the next ten years. What was that pledge the GOP made to the American people before the midterms? It included something about bringing down deficits, didn't it?

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'Constitution-Minded' Republicans to Introduce Budget Authoritarianism

This is not an ambiguous document!

When the new Republican-controlled House gavels in tomorrow, legislative business will begin with a reading of the Constitution, a stunt brought about by what the Washington Post dubbed "the tea party-ization of Congress." More importantly, the House will also adopt new rules to determine how the legislative body operates over the next two years. One of the rules changes, though, flies in the face of the GOP's championing of governmental transparency and fairness.

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If I Hire You, That's Not Creating a Job

OMB Watch is back from the holiday break! I'm personally happy about that, because I have the sense that the new Congress, like the old Congress, is going to provide us lots and lots of good blogging material. Today, I get to put up tortured claims from incoming House Oversight Committee Chair Darrell Issa (R-CA) that teachers and police officers don't have real jobs and that if your private-sector job was ever cut, it never actually really existed as a real job.

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Congress Once Again Punts on FY 2011 Budget

Surprising almost no one, on Tuesday Congress passed a short-term continuing resolution (CR), funding government for another few months and delaying passing a budget for the 2011 fiscal year. Over the past week or two, it became obvious that Democrats did not have enough votes to pass a year-long budget of some kind, either as a CR or as an omnibus.

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Contractors Do Bad Things, Uncle Sam Has to Sit on His Hands

I like your ski goggles, guy.

A batch of documents recently obtained by the Associated Press through a Freedom of Information Act (FOIA) request exposes "previously undisclosed offenses committed by more than 200 contract employees in Afghanistan and Iraq between 2004 and 2008." Many of these offenses were quite egregious, and yet it was often only the employee disciplined, while the government let the offending company off the hook. A recent New York Times article reveals why: many of these companies are too big to ban.

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Federal Employees: Doing More with Less...Already

President Obama has proposed freezing salaries of most federal employees for the next two years as part of his effort to address the federal budget deficit. Projected to save some $5 billion over the next two years, the freeze would shave 0.22 percent off the $2.3 trillion in deficit spending over that time, making it a largely token measure.

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Federal Government's IT Reform Efforts Come Into Focus

Jeffery Zients

Last month, OMB management guru Jeff Zients unveiled the Obama administration's five-part internet technology (IT) reform proposal during a talk before the Northern Virginia Tech Council. Highlighting the administration's achievements in IT reform thus far – including the launching of the IT Dashboard and a recently concluded review of federal financial system projects – Zients sketched out the five parts: introducing budget and acquisitions flexibility, strengthening program management, increasing accountability, increasing engagement with industry, and adopting light technologies.

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The Fine Print Is Now Available on Kindle

The Fine Print is now available for Kindle users via Amazon.com. According to Amazon, "Kindle Blogs are auto-delivered wirelessly to your Kindle and updated throughout the day so you can stay current. It's risk free — all Kindle Blog subscriptions start with a 14-day free trial. You can cancel at any time during the free trial period." Additionally, blogs on Kindle give you full-text content and images. A Fine Print subscription for Kindle users is just $1.99 per month, and a portion of the proceeds go to OMB Watch.

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All Your Tax Cuts Are Belong to Us

This chart of average tax cuts per income group under several plans to extend various provisions of the Bush tax cuts, via the Washington Post's Ezra Klein, made my jaw drop this afternoon.

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Congress Debates Multitude of Options for FY 2011 Budget and Food Safety

It’s been a while since we’ve checked in with the FY2011 budget, what with all the hullabaloo over deficit reports and the Bush tax cuts. But with the current continuing resolution (CR) set to expire on Saturday, Dec 18, and Congress planning to adjourn at the same time, we’re coming down to the wire. Almost three months after the start of the 2011 fiscal year, Congress is finally making some progress with passing a budget, but is faced with three options: an omnibus bill combining all twelve spending bills into one big bill, a full-year CR, or a short-term CR.

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