Budget Process
Latest
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No Score, No Vote: House Should Not Vote on Reconciliation Without a Score
Read moreFor Immediate Release Speaker Nancy Pelosi (D-CA) recently called for the House of Representatives to pass its reconciliation bill, the Build Back...
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Q&A: Everything You Should Know About Government Shutdowns
Read moreThe new fiscal year (FY) will begin on October 1, 2021, and Congress has so far enacted none of the 12 appropriations bills setting discretionary...
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Prevent Government Shutdowns Act of 2021 Introduced in the Senate
Read moreRecently, Senators James Lankford (R-OK) and Maggie Hassan (D-NH) introduced the Prevent Government Shutdowns Act of 2021 (PGSA). The bill would...
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Responsibly Raising the Debt Limit
Read moreYesterday, Treasury Secretary Janet Yellen warned Congress that the Treasury is likely to run out of extraordinary measures in October. Without action...
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Reconciliation 101
Read moreWhat is reconciliation? How do reconciliation instructions work? Can a reconciliation bill add to the budget deficit? What is the “Byrd Rule”? What...
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Bipartisan House Group Sends Letter Calling for Process Reforms
Read moreA bipartisan group of ten members from the House of Representatives recently sent a letter to the Senate calling for the addition of budget process...
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The Senate Should Restore the Conrad Rule
Read moreThe Senate is currently considering a budget resolution that includes reconciliation instructions to facilitate the enactment of numerous climate...
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Reconciliation Instructions Must Not Add to the Debt
Read moreToday, Senate Budget Committee Chairman Bernie Sanders released a budget resolution to allow for up to $1.75 trillion of new borrowing through...
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Congress Should Responsibly Lift the Debt Limit
Read moreThe suspension of the debt ceiling expired on July 31, at which point the ceiling was automatically raised to the current level of debt – around $28.5...
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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 moreThe federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury Department will begin using...