The House and Senate are in session this week.

Schedule:

Boeing, the very same company, that received a whopping $7.4 billion in long-term loan guarantees from the Import-Export bank in 2014 recently submitted a formal U.S. trade complaint against Bombardier, a Canadian aircraft company on May 18 for its unfair trade practices. The pot calling the kettle black is an understatement when referring to Boeing’s complaint against Bombardier.

The House and Senate are in session this week.

Last week, the White House unveiled its budget proposal for FY 2018. The proposal has been received coldly by most in Congress, including many Republicans. The budget isn't perfect, but it does begin to bend federal spending slightly downward over the next ten years, creating a $16 billion surplus in FY 2027. The biggest criticism from policy wonks is that the budget relies on 3 percent economic growth, in part, to balance the budget. The increased economic activity would increase revenue to the federal government.

As Congress approaches the debt ceiling debate, conservatives in both chambers should look for outside-the-box approaches to address federal spending. It's simply not enough to make cuts to nondefense discretionary spending, which, over the next ten years, represents less than 13 percent of all federal outlays. Mandatory spending, or direct spending, however, represents nearly 65 percent of outlays and is what is largely driving deficits higher.