Budget Process
Latest
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Keith Hall: Congress’ Scorekeeper Is Under Attack. It Deserves Our Trust.
Keith Hall is a former director of the Congressional Budget Office, former Commissioner of the Bureau of Labor Statistics, and former chief economist...
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Fiscal Commission Act Reintroduced in the House
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), Co-Chairs of the Bipartisan Fiscal Forum, recently reintroduced the Fiscal Commission...
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Maya MacGuineas on CNBC's "Squawk Box"
Committee president Maya MacGuineas recently appeared on CNBC's "Squawk Box" with hosts Joe Kernen and Andrew Ross Sorkin to discuss the House budget...
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Upcoming Congressional Fiscal Policy Deadlines
Updated 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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Stop Making Reconciliation Worse
As lawmakers continue to negotiate new policies and adjustments to the House’s reconciliation bill, the “One Big Beautiful Bill Act,” the list of...
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Moody’s Downgrade Highlights Seriousness of Fiscal Situation
The credit rating agency Moody’s downgraded the credit rating of the US government from “Aaa” to “Aa1,” specifically noting that they “do not believe...
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Fiscal Commission Would Be Step In the Right Direction
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), Co-Chairs of the Bipartisan Fiscal Forum , this week introduced bipartisan legislation...
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CRFB Reacts to Ongoing Reconciliation Deliberations
Thirty-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
The 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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Budget 101
Key Resources to Get You Started or Refresh Your Understanding of Fiscal Topics The Budget 101 resources page offers a collection of materials...
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Experts Push Back on Current Policy Switch
As 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
The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt...