Budget Process
Latest
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Tim Penny and Maya MacGuineas: What if they held an election and a budget process broke out?
Read moreTim Penny is co-chair of the Committee for a Responsible Federal Budget and a former representative from Minnesota and Maya MacGuineas is president of...
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House Lawmakers Reintroduce Debt Ceiling Reform Legislation
Read moreOn September 20, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, reintroduced the Responsible...
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Addressing the Statutory PAYGO Scorecard
Read moreThere is currently a massive $1.7 trillion balance on the statutory PAYGO scorecard for 2025. Under current law, this balance is slated to trigger a...
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Bipartisan Fiscal Forum Discusses Debt on House Floor
Read moreMembers of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger posed by our mounting...
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Mitch Daniels: ‘The Day the Dollar Died’ is coming. What’s the plan?
Read moreMitch Daniels is the president emeritus of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget...
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Keep Government Open Without More Debt
Read moreFiscal Year (FY) 2024 will end on September 30, 2024, and zero of the 12 appropriations bills to fund the government have been signed into law. The...
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Congress Should Strengthen Administrative PAYGO
Read moreThe Fiscal Responsibility Act (FRA) of 2023 re-established Administrative PAYGO (Pay-As-You-Go) – a rule requiring the executive branch to offset...
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Reconciliation for Deficit Reduction
Read moreNext year, Members of Congress may choose to use a mechanism known as reconciliation to fast-track the enactment of tax or spending changes. The...
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Bipartisan Fiscal Forum Leaders Letter Calls to Address Debt
Read moreBipartisan Fiscal Forum co-chairs Rep. Scott Peters (D-CA) and Rep. Bill Huizenga (R-MI) recently led a letter to House Speaker Mike Johnson (R-LA)...
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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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Strengthening Administrative PAYGO Act Would Encourage Fiscal Responsibility
Read moreHouse Budget Committee Chairman Jodey Arrington (R-TX) and Representative Jack Bergman (R-MI) introduced the Strengthening Administrative PAYGO (SAP)...
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Fix the Debt Awards 2024 Fiscal Heroes
Read moreWe are pleased to recognize the Fiscal Heroes of the 118th Congress. The following is a statement from Maya MacGuineas, president of the Committee for...