Articles on US budget

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Hot off the presses: the CBO plays a pivotal role determining the price tag of measures in the budget and other legislation. Reuters

‘Truth is our only refuge’: why the CBO must remain independent

Congress created the nonpartisan Congressional Budget Office (CBO) 40 years ago to provide lawmakers with information independent of the influence of the executive branch. The CBO’s most important job…
President Barack Obama’s health care bill is behind a looming US government shutdown by Republicans. AAP

Explainer: why the US government is facing (another) shutdown

The dysfunctions of America’s federal government, primarily caused by Republican intransigence, have created a menagerie of strange new political beasts: fiscal cliffs, sequestrations, nuclear options…
The US remains the most militarily powerful nation on Earth - but will budget cuts bring it back to the fold? EPA/Zurab Kurtsikidze

Budget cuts: will American military power suffer?

The maelstrom surrounding budget cuts that has engulfed the United States over the last twelve months seems no nearer to reaching a satisfactory conclusion. The U.S. Congressional House and Senate currently…
Despite all the talk of a new liberal America in the wake of Obama’s re-election, the economic debate has from both sides is staunchly conservative. AAP

US budget debate signals the death of optimistic liberalism

The Republican and Democratic budgets released last week share little common ground. But both illustrate the same point: for all the talk of a new liberal America in the wake of Barack Obama’s re-election…

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