{"id":5428,"date":"2024-08-09T09:15:41","date_gmt":"2024-08-09T13:15:41","guid":{"rendered":"https:\/\/kevinrkosar.com\/wordpress\/?p=5428"},"modified":"2024-08-09T09:15:41","modified_gmt":"2024-08-09T13:15:41","slug":"a-happy-50th-birthday-for-the-congressional-budget-process","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/a-happy-50th-birthday-for-the-congressional-budget-process\/","title":{"rendered":"A happy 50th birthday for the congressional budget process"},"content":{"rendered":"\n
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President Biden\u2019s White House recently delivered to Congress its \u201cMid-Session Review\u201d<\/a> of the federal budget. The bottom line was bad: the deficit for 2024 is projected to be $1.87 trillion and the nation likely will be $37 trillion<\/a> in debt by the end of the year.<\/p>\n\n\n\n

This news arrived just one week after the 50th birthday of the law<\/a> that created the congressional budget process. President Richard M. Nixon hailed<\/a> the Control Budget and Impoundment Act\u2019s (CBA\u2019s) passage in his July 12, 1974 signing statement. \u201cI commend the Congress for this landmark legislation\u2026. [T]his bill will allow the Congress to step up to full and equal responsibility for controlling Federal expenditures”…. (Read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

President Biden\u2019s White House recently delivered to Congress its \u201cMid-Session Review\u201d of the federal budget. The bottom line was bad: the deficit for 2024 is projected to be $1.87 trillion and the nation likely will be $37 trillion in debt by the end of the year. This news arrived just one week after the 50th […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[165,160],"tags":[174],"class_list":["post-5428","post","type-post","status-publish","format-standard","hentry","category-budget","category-congress","tag-the-washington-examiner"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-1py","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/comments?post=5428"}],"version-history":[{"count":2,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5428\/revisions"}],"predecessor-version":[{"id":5432,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5428\/revisions\/5432"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=5428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=5428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=5428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}