Budget Process
Latest
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Budget Experts Urge Congress to Enact Deficit Reduction
Today, 55 of the nation’s top budget experts issued a letter calling for Congress to enact deficit reduction in the coming months and years in order...
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Lawmakers Now Three Months Past Budget Due Date
The Congressional Budget Act states that Congress must pass its concurrent budget resolution on April 15 th of each year, but no action has been taken...
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FixUS Poll: As July 4th Approaches, Patriotic Values Still Popular
In light of the pervasive political conflicts dominating national conversations, the Committee for a Responsible Federal Budget’s FixUS initiative, an...
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Congress Needs to Stop Deeming and Start Budgeting
Today, the House of Representatives passed a $1.6 trillion “deeming resolution” to set the topline level for appropriations for Fiscal Year 2023. The...
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Congress Misses Budget Deadline Again
The statutory deadline for Congress to pass a concurrent budget resolution is April 15. The following is a statement from Maya MacGuineas, president...
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Omnibus Bill Highlights Need for Spending Caps
Policymakers are currently considering an omnibus appropriations bill to fund the federal government through the remainder of the fiscal year. The...
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Coalition Calls Attention to Lack of Fiscal Responsibility
This week’s State of the Union address comes at a time when debt as a share of the economy is on track to surpass record levels within a decade. Today...
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Bipartisan Group Urges Budget Reforms
A bipartisan group of 24 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – sent a letter to House leadership today...
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Bipartisan House Group Sends Letter Calling for Budget Reforms
Today, a bipartisan group of 24 members of the House of Representatives sent a letter to House leadership calling for the inclusion of budget process...
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Third CR Emblematic of Broken Budget Process
The House of Representatives just passed a continuing resolution (CR) funding the government at last fiscal year’s funding levels for an additional...
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Statement on $2.5 Trillion Debt Ceiling Increase
Today, President Biden signed into law a $2.5 trillion increase in the ceiling on federal debt. This increase will raise the total debt ceiling to $31...
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December Sequester Suspension Misses the Mark
For Immediate Release Congress is considering legislation that will cancel the PAYGO sequester for 2022, extend temporary COVID-era Medicare payment...