Budget Process
Latest
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Fiscal State of the Nation Introduced in the Senate and House
Read moreSenators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME), Mark Kelly (D-AZ), Mike Braun (R-IN), Steve Daines (R-MT), and Jacky Rosen (D-NV...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase
Read moreThe debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury...
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Kent Conrad: Congress should reinstate the 'Conrad Rule' to prevent abuse of budget reconciliation
Read moreKent Conrad is a former senator from North Dakota, a former Chairman of the Senate Budget Committee, and a member of the Committee for a Responsible...
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Policymakers Must Avoid A Budget Busting Summer
Read moreFor Immediate Release Congress returns from the July 4 recess in the midst of negotiating three major spending packages: a bipartisan infrastructure...
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ARCHIVE: Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How will this year's appropriations process be different? How...
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Reconciliation Should Not Add to the Debt
Read moreFor Immediate Release Recent reports suggest the Senate Budget Committee is considering a budget that would call for $6 trillion in new spending, half...
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House Members Urge the Adoption of a Budget Resolution
Read moreOn Monday, a group of five Democratic members of the House of Representatives sent a letter to House Speaker Nancy Pelosi (D-CA) calling for increased...
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CRFB Launches Suite of Budget Games
Read moreToday the Committee for a Responsible Federal Budget launched Budgeting for the Future, a suite of interactive games related to the federal budget and...
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Senator Lummis Introduces Sustainable Budget Act
Read moreSenator Cynthia Lummis (R-WY) recently introduced the Sustainable Budget Act with Senators Joni Ernst (R-IA), Kevin Cramer (R-ND), Mike Rounds (R-SD)...
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Kinzinger and Phillips Call for a Bipartisan Commission to Address the Deficit
Read moreRepresentatives Adam Kinzinger (R-IL) and Dean Phillips (D-MN) recently introduced a joint resolution to establish a National Committee on Fiscal...
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TRUST Act has Bipartisan, Bicameral Reintroduction
Read moreLast week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act, which would establish bipartisan commissions to restore solvency...