Budget Process
Latest
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CRFB Reacts to Ongoing Reconciliation Deliberations
Read moreThirty-two Members of the House of Representatives sent a letter to House leadership today laying out their conditions for supporting a reconciliation...
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Ways & Means Has Plenty of Deficit Reduction Options
Read moreThe Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...
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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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Either Reconciliation Approach Would Raise Debt Ceiling With More Borrowing
Read moreThe reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt...
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The Senate Abandons All Semblance of Fiscal Responsibility
Read moreThe Senate is expected to vote tomorrow morning on its Fiscal Year (FY) 2025 concurrent budget resolution following the “vote-a-rama” series of...
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Debt Ceiling Needs to be Raised in Advance of X Date
Read moreRecent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 3/28/2025: The President signed a continuing resolution (H.R. 1968) on March 15, 2025, that runs through September 30, 2025. Our analysis of...
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Senators Push Back Against Current Policy Gimmick
Read moreUpdate: JCT issued a response to the letter confirming the default approach to scoring tax legislation is using a current law baseline as established...
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CR Rightly Avoids Shutdown But Reflects Broken Budget Process
Read moreThe House of Representatives will soon vote on a full-year continuing resolution (CR) for Fiscal Year (FY) 2025. The bill would keep the government...
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Government Shutdowns Q&A: Everything You Should Know
Read moreDiscretionary funding for Fiscal Year (FY) 2025 will expire on March 14, and Congress has so far enacted zero of the 12 full-year appropriations bills...
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Chartbook: Reconciliation 101
Read moreOn February 25, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...
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“Current Policy Baseline” Gimmick Could Explode the Debt
Read moreAs the House and Senate work to land on a concurrent budget resolution, Congress may consider trying to measure their reconciliation bills relative to...