Budget Process
Latest
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Reintroduction of the Fiscal State of the Nation Resolution
Read moreRepresentatives Andy Barr (R-KY) and Scott Peters (D-CA) reintroduced the Fiscal State of the Nation resolution in the House in conjunction with...
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Appropriations 101
Read moreThis paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
Read moreThe President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
Read moreThe Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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It’s Time for a New Fiscal Commission
Read moreYesterday, Speaker McCarthy suggested the idea of a bipartisan fiscal commission to explore long-term budgetary issues. The following is a statement...
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Statement on House Passage of Fiscal Responsibility Act
Read moreThe House of Representatives recently passed the Fiscal Responsibility Act (FRA), which according to CBO would reduce debt levels by roughly $1.5...
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Congress Should Act Swiftly to Pass Fiscal Responsibility Act
Read moreThe House will vote tomorrow on the Fiscal Responsibility Act of 2023 – bipartisan legislation to limit discretionary spending, suspend the debt limit...
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CRFB Reacts to Budget Agreement
Read moreSpeaker McCarthy announced this evening that he and the President have reached an agreement in principle on a bipartisan plan to reduce deficits and...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThe federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which lasted until January 19, 2023, according to a...
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House Appropriations Committee Publishes FY 2024 Community Project Funding Requests
Read moreIn an effort to improve transparency around the appropriations process, the House Appropriations Committee recently centralized a list of Fiscal Year...
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John Kasich and Timothy Penny: Balanced Budgets Don't Need to Be a Thing of the Past
Read moreJohn Kasich and Timothy Penny are former Members of Congress and a board member and a co-chair, respectively, of the Committee for a Responsible...