Budget Process
Latest
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 1/18/2023: Treasury Secretary Janet Yellen sent a letter to Congressional leaders late last week with updated deadlines for action on the debt...
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Alice Rivlin’s "Divided We Fall" Offers Way Forward for the Country
Read moreWe at the Committee for a Responsible Federal Budget continue to mourn the loss of Alice Rivlin, a former board member of the Committee and the...
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House Rules Package Would Make It Too Easy to Add More to the Debt
Read moreThe House of Representatives is expected to vote sometime soon on a new rules package for the 118th Congress, which includes a number of changes to...
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Spending is Too High, But At Least Congress Avoids Debt-Fueled Christmas Tree Bill
Read moreLawmakers unveiled an omnibus appropriations bill for Fiscal Year 2023 today. The bill would set discretionary spending at around $1.65 trillion...
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Q&A: Everything You Should Know About Government Shutdowns
Read moreThe new fiscal year (FY) began on October 1, 2022, and Congress has so far enacted none of the 12 appropriations bills setting discretionary spending...
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Congress Should Avoid Budget-Busting Omnibus
Read moreCongressional negotiators are apparently discussing a Fiscal Year 2023 omnibus appropriations bill of $1.65 trillion or higher, which would represent...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last...
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Rules Reform – Ideas for the 118th Congress
Read moreAt the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be...
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Congress Avoids a Shutdown, But End-of-Year Package Could Be Costly
Read moreLawmakers passed a continuing resolution (CR) today to sustain current funding levels and avoid a government shutdown in the final hours of the fiscal...
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Upcoming CR Shows Broken Budget and Debt Addiction
Read moreLawmakers are considering a continuing resolution (CR) to keep the government from shutting down when funding lapses on Friday, September 30th at the...
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Budget Experts Urge Congress to Enact Deficit Reduction
Read moreToday, 55 of the nation’s top budget experts issued a letter calling for Congress to enact deficit reduction in the coming months and years in order...
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Lawmakers Now Three Months Past Budget Due Date
Read moreThe Congressional Budget Act states that Congress must pass its concurrent budget resolution on April 15th of each year, but no action has been taken...