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Former Senate Budget Chief Economist Says Two-Year Appropriations Process Could End Cycle of Spending Crises

The National Debt Reaches Another Dubious Milestone

The National Debt Reaches Another Dubious Milestone

Commentary The national debt just hit $30 trillion. Unfortunately, when the numbers we’re presented with get to a ...

R Street Supports Toomey Amendment to Limit Crime Victims Fund Budget Gimmick

R Street Supports Toomey Amendment to Limit Crime Victims Fund Budget Gimmick WASHINGTON (July 20, 2021)––The R Street Institute urges all senators to support Sen. Pat Toomey’s (R-Pa) Amendment #2121 to H.R. 1652, the Victims of Crime Act (VOCA) Fix to Sustain the Crime Victims Fund Act of 2021. This amendment would limit the use of the Crime Victims Fund (CVF) as a budget-gimmick to pay for unrelated spending and preserve funding for its intended use: crime victim compensation and assistance. Jonathan Bydlak, director of R Street’s Governance Program, stated, “Congress’ relentless abuse of budgetary gimmicks and sleight-of-hand to avoid dealing with our growing spending crisis is a serious problem. But the ongoing misuse of funds set aside to help victims of crimes is particularly offensive. H.R. 1652 would significantly boost funding in the CVF. It is essential that safeguards be established to ensure these funds get to those who need them most, not be used to offset wasteful spending. This is something everyone should be able to agree on, regardless of party affiliation or fiscal perspective.”

Power of the Purse Coalition Shares Priorities With 117th Congress

Dear Leader Schumer, Speaker Pelosi, Leader McConnell, and Leader McCarthy: On behalf of the undersigned organizations, members of the Power of the Purse Coalition, we write requesting your support for advancing a number of initiatives in the 117th Congress to strengthen the legislative branch’s constitutional authority over the federal government’s purse strings. Lawmakers in both parties have reacted with alarm and chagrin in recent years when Presidents from both parties have overstepped the bounds of their executive power. Our organizations represent many different positions on the ideological spectrum, but we formed this coalition based on a firm belief that the erosion of congressional capacity and authority to the aggrandizement of the executive branch is a nonpartisan problem requiring bipartisan solutions.