Budget Process
Latest
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Q&A: Everything You Should Know About the Debt Ceiling
This 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
Kent 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
For 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
What 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
For 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
On 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
Today 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
Senator 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
Representatives 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
Last week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act, which would establish bipartisan commissions to restore solvency...
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Maya MacGuineas: Make the budget committees great again
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Burchett and Case Reintroduce RAFT Act
Establishing fiscal goals, including debt targets, is one proactive way to begin to tackle our nation's unsustainable fiscal situation. Legislation...