Budget Process and Rules
Latest
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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...
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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...
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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)...
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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...
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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...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 2/17/26: On February 14, Homeland Security funding expired, causing a partial government shutdown affecting only that department. The spending...
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Broad, Bipartisan Support for a 3% Deficit Target
Read moreUpdated April 1, 2026, to reflect additional support. Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal...
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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...
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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...
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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...
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It’s (Still) Time for a Bipartisan Fiscal Commission
Read moreThe U.S. fiscal outlook is currently unsustainable. A new fiscal commission can help policymakers work on a bipartisan basis to identify the necessary...
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Lawmakers Call for a Bipartisan Fiscal Commission
Read moreThe Problem Solvers Caucus (PSC) announced its Fiscal Stability Framework last week, which sounds the alarm about the national debt, endorses two...