Budget Process
Latest
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CRFB Reacts to Budget Agreement
Read moreSpeaker McCarthy announced this evening that he and the President have reached an agreement in principle on a bipartisan plan to reduce deficits and...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThe federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which lasted until January 19, 2023, according to a...
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House Appropriations Committee Publishes FY 2024 Community Project Funding Requests
Read moreIn an effort to improve transparency around the appropriations process, the House Appropriations Committee recently centralized a list of Fiscal Year...
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John Kasich and Timothy Penny: Balanced Budgets Don't Need to Be a Thing of the Past
Read moreJohn Kasich and Timothy Penny are former Members of Congress and a board member and a co-chair, respectively, of the Committee for a Responsible...
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Rep. Golden Releases Fiscal Framework to Stabilize Debt
Read moreToday, Representative Jared Golden (D-ME) published a piece calling for lawmakers to raise the debt limit and then negotiate a responsible budget deal...
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Congress On Track to Miss Budget Deadline for 20th Year in a Row
Read moreThe statutory deadline for Congress to complete action on a concurrent budget resolution for Fiscal Year (FY) 2024 is April 15. The budget process...
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Lawmakers Reintroduce Sustainable Budget Act
Read moreLawmakers in both chambers of Congress recently reintroduced the Sustainable Budget Act, with Representatives Ed Case (D-HI) and Steve Womack (R-AR)...
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One Month Until Congressional Budgets Come Due
Read moreThe deadline for the House and Senate Budget Committees to propose and reconcile their respective budgets for Fiscal Year (FY) 2024 – April 15th – is...
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CRFB Reacts to the President’s FY 2024 Budget
Read morePresident Biden released his Fiscal Year (FY) 2024 budget request moments ago, outlining his tax and spending priorities over the next decade. Under...
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CBO Briefing Shines Light on Our Fiscal Challenges
Read moreLater today, Congressional Budget Office (CBO) Director Phillip Swagel will brief members of the House of Representatives on the Budget and Economic...
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What We Hope to See in the White House and Congressional Budgets
Read moreThe White House will release President Biden’s Fiscal Year (FY) 2024 budget proposal on Thursday, and then the Budget Committees should meet their...
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The Debt Ceiling and Fiscal Reforms
Read moreWith federal debt subject to the limit currently at $31.38 trillion, the federal government has officially run up against its debt ceiling. In January...