Seems the current administration is trying to take the L out of of
BLS
@criscitello.bsky.social
Government finance & policy at Arnold Ventures. Forbes.com contributor. Former MIT Golub Center, OMB, CBO, NYC IBO.
Seems the current administration is trying to take the L out of of
BLS
Some thoughts on the shutdown and the real-time rebalancing of power - whether legal or not - we're witnessing across branches of the U.S. government. www.forbes.com/sites/dougcr...
22.10.2025 20:29 β π 1 π 0 π¬ 0 π 0https://www.whitehouse.gov/presidential-actions/2025/10/national-security-presidential-memorandum-nspm-8/
Trump's mechanism to pay the troops during the shutdown is by far the most illegal budgetary action he's taken as POTUS, potentially setting the stage to break everything.
It's also needless because Congress would easily pass a troop pay bill if Johnson were willing to gavel in.
Long thread.
A colleague asked me to comment on how FY25 wrapped: amts obligated, spent, withheld, etc. Having no clue didn't stop me from writing 900 words on the matter. www.forbes.com/sites/dougcr...
11.10.2025 17:04 β π 1 π 0 π¬ 0 π 0So they didn't let me use any barnyard epithets, but here's a fuller discussion of why it would be illegal to deny pay to furloughed federal workers at the end of a shutdown. www.msnbc.com/opinion/msnb...
08.10.2025 22:08 β π 212 π 57 π¬ 6 π 3Social Security: From Simple Concept To Spinal Tap Absurdity #spinaltap2 via
@forbes
forbes.com/sites/dougcr...
Or another Alexander (Tytler), "A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury.β
10.09.2025 18:19 β π 0 π 0 π¬ 0 π 0Katherine Hepburn would be ashamed her voice is being used in such a nefarious way
05.09.2025 23:13 β π 0 π 0 π¬ 0 π 0Pocket rescissions: new name for impoundment; built on flawed legal theory conflicting with the very purpose of impoundment control; direct threat to balance of power with president having broad, unchecked authority to decide which programs to fund & which to cancel.
www.forbes.com/sites/dougcr...
Agreed, but the headline is unfornunate. Trump is directly responsible. It's his team & his responsibility. Pointing at RFKjr just just gives the president an escape clause to claim he doesn't know anything about it. #thebuckdoesntstophere
07.08.2025 19:21 β π 0 π 0 π¬ 0 π 0My latest post explores how the Antideficiency Act would come into play in the event of a government shutdown. From Power Of The Purse To Power Of The President via @forbes www.forbes.com/sites/dougcr...
01.08.2025 14:39 β π 2 π 0 π¬ 0 π 0Also important to note that the U.S. budget cannot be augmented by foreign gov't contributions without explicit congressional authorization. Our constitutional design ensures the budget remains under domestic democratic control & protects against foreign influence or dependency.
28.07.2025 14:29 β π 0 π 0 π¬ 0 π 0A better headline: Trump Agrees To Follow The Law
25.07.2025 22:29 β π 2 π 0 π¬ 0 π 0Just posted an issue brief re budget uncertainties beyond the reconciliation bill moving thru Congress. Worth a read given a recent @USGAO finding that the administration illegally impounded funds intended for electric vehicles support. @Arnold_Ventures: www.arnoldventures.org/resources/be...
27.05.2025 14:58 β π 0 π 0 π¬ 0 π 0Whole lotta focus right now on tax cuts & reconciliation but that doesn't lessen the need to continue to monitor current year budgeting. My latest: www.forbes.com/sites/dougcr...
12.05.2025 19:15 β π 0 π 0 π¬ 0 π 0Recently had a chance to rap about Social Security with the incomparableTerry Gerton open.spotify.com/episode/1hOn...
03.05.2025 00:09 β π 0 π 0 π¬ 0 π 0As fiscal attention on the Hill shifts to passing a reconciliation bill, concern mounts re FY25 budget execution #impoundment
29.04.2025 20:00 β π 0 π 0 π¬ 0 π 0Turned my focus to Social Security to counter social media rants doing nothing but angering folks on the wrong issues. If you want to get riled up, focus on how SSA will be unable to pay full benefits in about 8 years. Yet politicans continue to kick can down the road. www.forbes.com/sites/dougcr...
14.04.2025 17:12 β π 1 π 0 π¬ 0 π 0If thatβs what youβre looking for just tune to any news show covering the White House
10.04.2025 03:30 β π 0 π 0 π¬ 0 π 0Emphasis on "-ration"
02.04.2025 13:42 β π 0 π 0 π¬ 0 π 0#makeamesswithless would be a suitable motto
28.03.2025 20:30 β π 3 π 0 π¬ 0 π 0How long before they claim the messages were meant for the other Goldberg?
25.03.2025 20:14 β π 0 π 0 π¬ 0 π 0How long before Musk converts his EV line into gas guzzlers?
20.03.2025 13:09 β π 0 π 0 π¬ 0 π 0And sometimes the monsterβs a clown
18.03.2025 21:39 β π 1 π 1 π¬ 1 π 0We Need a Reminder of What the Pre-Vaccine Era Was Like www.nytimes.com/interactive/...
14.03.2025 13:29 β π 0 π 0 π¬ 0 π 0Obviously a consequential week re federal budgeting: The fiscal cliff ahead appears more perilous than the one approached in 2012. My racking & stacking of relevant issues... www.forbes.com/sites/dougcr...
13.03.2025 17:04 β π 0 π 0 π¬ 0 π 0At some point realization will hit that thereβs no consensus to cut spending in a big way. They can go after intβl aid, WFA & fed employees - but those are drops in the bucket. Meanwhile, Congress will keep cutting taxes, pretending theyβre starving the beast - but that beast has an AmEx Black Card.
08.03.2025 02:04 β π 0 π 0 π¬ 0 π 0Don Fanucci
01.03.2025 21:14 β π 1 π 0 π¬ 0 π 0The OJ pardon canβt be too far behind
01.03.2025 21:11 β π 1 π 0 π¬ 0 π 0