Budget Process and Rules
Latest
-
The Case for a 3% of GDP Deficit Target
Read moreAs the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the...
-
Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 5/4/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a partial shutdown that began on February...
-
Reconciliation 101
Read moreWhat is Reconciliation? How do Reconciliation Instructions Work? Can a Reconciliation Bill Add to the Deficit? What is the “Byrd Rule”? What are Other...
-
House Budget Committee Examines 3% Deficit-to-GDP Target
Read moreOn March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal...
-
Senators Introduce 3% Fiscal Target Resolution
Read moreSenators Kevin Cramer (R-ND) and Angus King (I-ME), along with Senators Dave McCormick (R-PA) and Gary Peters (D-MI), recently introduced a resolution...
-
Senators Introduce Fiscal Commission Act
Read moreSenators John Curtis (R-UT) and Angus King (I-ME), joined by Senators Chris Coons (D-DE), Thom Tillis (R-NC), Todd Young (R-IN), Jeanne Shaheen (D-NH)...
-
Bipartisan Momentum Builds for the Fiscal Contingency Preparedness Act
Read moreUpdated on 3/16/26 to reflect additional support. The Fiscal Contingency Preparedness Act (FCPA), introduced last year by Representatives Ben Cline (R...
-
Fiscal Contingency Preparedness Act (FCPA) Frequently Asked Questions
Read moreAmid the growing bipartisan interest in the Fiscal Contingency Preparedness Act (FCPA), below are some frequently asked questions and answers about...
-
Broad, Bipartisan Support for a 3% Deficit Target
Read moreUpdated April 15, 2026, to reflect additional support. Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan...
-
FY 2027 Budget Resolution Principles
Read moreA fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal Develop...
-
Blue Dogs Endorse 3% Resolution
Read moreOn February 5, the Blue Dog Coalition endorsed a recently introduced resolution that supports a 3% deficit-to-Gross Domestic Product (GDP) target. The...
-
Bill Frist and G. William Hoagland: Reforming the reconciliation process
Read moreG. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a director at the Committee for a Responsible Federal Budget. He...