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2025 Reconciliation Tracker
Read moreUpdated 4/16/25: On April 10, following action in the Senate, the House adopted a final concurrent budget resolution setting the stage for work on a...
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Policymakers May Double Down on Baseline Manipulation
Read morePolicymakers are considering enacting several new tax cuts on top of the Tax Cuts and Jobs Act (TCJA) extension in the forthcoming reconciliation bill...
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The Department of Education Is Putting Student Loans Back on Track
Read moreThe Department of Education announced yesterday a multi-pronged plan to restart collections on defaulted loans and begin an outreach campaign to...
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Unpaid-for Tax Cuts Would Shrink Incomes, CBO Finds
Read moreThe Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 trillion in additional tax...
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2025 Reconciliation Resources
Read moreThe 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...
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Comparing the House vs. Senate on FY 2025 Reconciliation
Read moreThe concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that...
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Experts Push Back on Current Policy Switch
Read moreAs Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...
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Deficits Could Reach $3.5T With Senate Instructions
Read moreThe concurrent budget resolution for Fiscal Year (FY) 2025, adopted by the House last week and the Senate the week prior, includes reconciliation...
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Senate Instructions Could Add $1.1T in Interest Costs
Read moreCongress’ concurrent budget resolution includes reconciliation instructions to allow lawmakers to pass a bill that adds a net $5.8 trillion to primary...
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CRFB Reaction to Budget Resolution Adoption
Read moreThe House of Representatives just voted to adopt the Senate-amended Fiscal Year (FY) 2025 concurrent budget resolution, making it a concurrent...
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Treasury Confirms Borrowing $41 Billion Above First 3 Months of 2024
Read moreThe United States borrowed $596 billion from January through March 2025 – up $41 billion from January through March 2024, according to the latest...
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Event Recap: Third Annual Health Solutions Summit
Read moreOn April 3 rd, the Committee for a Responsible Federal Budget hosted its Third Annual Health Solutions Summit at the Royal Sonesta, Capitol Hill. The...