2025 Reconciliation

Updated 5/22/25: The House passed the reconciliation package, officially titled the "One Big Beautiful Bill Act," on May 22 by a vote of 215 to 214...

The Congressional Budget Office (CBO) released its dynamic score of the House-passed One Big Beautiful Bill Act (OBBBA), finding that the bill would...

The House-passed One Big Beautiful Bill Act (OBBBA) would add $3 trillion to the debt through Fiscal Year (FY) 2034 as written and $5 trillion if made...

The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...

Now that the House of Representatives has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA)...

The House-passed One Big Beautiful Bill Act (OBBBA) would add about $3 trillion to the debt, including interest, on a conventional basis. However...

Yesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we...

The Senate is reportedly exploring options to reduce Medicare waste, fraud, and abuse as they consider changes to the House-passed One Big Beautiful...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up interest rates. The House...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 trillion through 2035...

The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.4...

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act (OBBBA) today, projecting that...