Budget Process and Rules

Speaker McCarthy announced this evening that he and the President have reached an agreement in principle on a bipartisan plan to reduce deficits and...

The statutory deadline for Congress to complete action on a concurrent budget resolution for Fiscal Year (FY) 2024 is April 15. The budget process...

The deadline for the House and Senate Budget Committees to propose and reconcile their respective budgets for Fiscal Year (FY) 2024 – April 15th – is...

Later today, Congressional Budget Office (CBO) Director Phillip Swagel will brief members of the House of Representatives on the Budget and Economic...

The White House will release President Biden’s Fiscal Year (FY) 2024 budget proposal on Thursday, and then the Budget Committees should meet their...

Congressional negotiators are apparently discussing a Fiscal Year 2023 omnibus appropriations bill of $1.65 trillion or higher, which would represent...

The Congressional Budget Act states that Congress must pass its concurrent budget resolution on April 15th of each year, but no action has been taken...

Today, the House of Representatives passed a $1.6 trillion “deeming resolution” to set the topline level for appropriations for Fiscal Year 2023. The...

The statutory deadline for Congress to pass a concurrent budget resolution is April 15. The following is a statement from Maya MacGuineas, president...

Policymakers are currently considering an omnibus appropriations bill to fund the federal government through the remainder of the fiscal year. The...

This week’s State of the Union address comes at a time when debt as a share of the economy is on track to surpass record levels within a decade. Today...