Budget Process
Latest
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CBO Estimates $601 Billion Deficit for First Three Months of FY 2026
Read moreThe United States borrowed $601 billion in the first three months of Fiscal Year (FY) 2026, including $143 billion in December, according to the...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 1/6/26: On December 31, 2025, the enhanced Affordable Care Act subsidies included in the American Rescue Plan Act and the Inflation Reduction...
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Reflections on the 2025 Ed Lorenzen Fiscal Internship
Read moreBy: Maddie Brown Shirley I am honored by the opportunity to continue Ed Lorenzen's legacy as this year’s Ed Lorenzen intern. Ed was a pillar in the...
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John Kasich: President Trump should support a balanced budget amendment
Read moreJohn Kasich is a former governor of Ohio, former congressman representing the state, and director at the Committee for a Responsible Federal Budget...
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Congress to Wipe $3.4 Trillion from PAYGO Scorecard
Read moreThe legislation to end the current government shutdown and temporarily fund the government would also wipe the current statutory PAYGO scorecard...
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Government Reopening Proposal Would be the Costliest in History
Read moreSome lawmakers have called for increasing federal health care spending by $1.5 trillion to permanently extend the expiring enhanced Affordable Care...
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Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
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Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2025 will end on September 30, and Congress has so far enacted zero of the 12 full-year appropriations bills to fund the government...
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Reduce the Debt with Government Funding Deadline
Read moreFiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law. Without action...
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It's Time for "Super PAYGO"
Read more“Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt. 1 Too often these...
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Bipartisan Lawmakers Introduce Fiscal Contingency Preparedness Act
Read moreRepresentatives Ben Cline (R-VA) and Jared Golden (D-ME) introduced the Fiscal Contingency Preparedness Act (FCPA) today. This bill was also...
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Congress Should Extend Caps on Discretionary Spending
Read moreThe discretionary spending caps put in place under the 2023 Fiscal Responsibility Act (FRA) are scheduled to expire on October 1. As lawmakers work to...