Budgeting & Public Finance Management

The Budget and Economic Outlook: 2018 to 2028 only confirms what the U.S. Department of the Treasury said in its 2017 financial report of the U.S. government released in February and has been warning for at least the past decade. Owing to its mounting debt, the federal government is becoming fiscally unsustainable. Michael Granof explains. 

Trending stories recently have included foreign policy, airplane safety and Michael Pompeo’s likelihood of becoming secretary of state. Less has been reported about the just-released Congressional Budget Office report that forecasts an explosion of federal debt to levels far greater than seen in any year since the end of World War II. Michael Granof discusses. 

In preparation for the 83rd Texas Legislative Session, LBJ School students have compiled an in-depth preview of the major challenges facing state policymakers. The preview covers the following issues: budget, criminal justice, education, elections, healthcare, immigration, payday lending, the sunset advisory commission and water and energy.