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  • Executive Memorandum posted September 20, 2000 by Peter Sperry Clinton's Budget Focus: More Spending, Not Debt Reduction

    "We should remember what got us to this dance was discipline, fiscal discipline." --President Bill Clinton, June 22, 2000 Now that President Bill Clinton's veto pen has ended any hope of meaningful tax reduction this year, Congress has two options for what to do with the $268 billion surplus: Use it to reduce the federal debt or spend it. It is clear that as…

  • Backgrounder posted April 12, 2000 by Peter Sperry How Congress Can Save Now, Plan for Tomorrow, and Still Achieve aFiscally Responsible Budget

    Congress is at a crossroads in the battle to restrain the size of the federal government, pay down the national debt, and return Washington's tax windfall to the American people. Its choice is simple: It can abandon its commitment to fiscal discipline or take short- and long-term steps to rein in spending, realize savings now, and reform the budget…

  • Executive Memorandum posted April 6, 2000 by Peter Sperry Time for the Senate to Unmask "Emergency" Spending

    On March 30, the U.S. House of Representatives passed a fiscal year (FY) 2000 supplemental appropriations bill (H.R. 3908) to release an additional $12.7 billion in spending. This supplemental spending bill contains appropriations that are more than double the $5.5 billion requested by President Bill Clinton. If Congress is committed to fiscal discipline, the…

  • Executive Memorandum posted May 27, 1999 by Peter Sperry Time for the President to Honor His Budget Pledge

    Two years ago, President Bill Clinton eagerly embraced and pledged himself to honor the Balanced Budget Agreement (BBA) of 1997, the spending roadmap to achieve and maintain a budget surplus. The President repeatedly took credit for the BBA, claiming in a summer 1997 speech to be "spending less and spending smart." He also stated in a radio address that "Our…

  • Backgrounder posted April 23, 1999 by Peter Sperry How to Avoid a Budget Train Wreck and Maintain the Spending Caps

    Congress has produced a budget resolution (H. Con. Res. 68) that appears to hold spending to levels outlined in the 1997 Balanced Budget Agreement (BBA) while stabilizing Social Security, providing Americans with modest tax cuts, and increasing critical spending to maintain and preserve a strong national defense. The resolution was produced in a timely fashion after…

  • Executive Memorandum posted March 25, 1999 by Peter Sperry A Budget Resolution on the Right Track

    The House and Senate Budget Committees have reported budget resolutions which appear to hold to the spending levels outlined in the 1997 Balanced Budget Agreement (BBA) while "walling off" Social Security revenues, providing Americans with modest tax cuts, and increasing spending critical to maintaining and preserving a strong national defense. Although Congress is…

  • Backgrounder posted March 5, 1999 by Peter Sperry, Gregg VanHelmond Using Supplemental Spending Bills to Raid the Budget Surplus

    It is just five months into fiscal year (FY) 1999, and President Bill Clinton already has presented Congress with three requests to supplement or add to the spending agreed to for this year. The President claims these requests, which total $1.36 billion,1 are needed to respond to unforeseen emergencies, such as the devastation of Hurricane Mitch, expenses related to…

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