Committee for a Responsible Federal Budget

Budgets & Projections

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Sep 22, 2021 | Blog Paper Press Release | Budgets & Projections

Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue

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Sep 21, 2021 | Blog Paper Press Release | Budgets & Projections| Other Spending

Five Ways to Improve the FY 2022 Reconciliation Package

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Latest

Sep 22, 2021 | Blog Paper Press Release | Budgets & Projections

Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue

Policymakers are claiming their $3.5 trillion reconciliation package will be fully paid for by counting on $600 billion of dynamic feedback on top of...
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Sep 21, 2021 | Blog Paper Press Release | Budgets & Projections| Other Spending

Five Ways to Improve the FY 2022 Reconciliation Package

Congress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden has made the...
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Sep 13, 2021 | Blog Paper Press Release | Budgets & Projections| Budget Process

Better Targeting in Reconciliation

As lawmakers negotiate the details of their reconciliation package , they will need to scale back some of their ambitions to prevent arbitrary policy...
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Sep 13, 2021 | Blog Paper Press Release | Budgets & Projections| Taxes

Ways and Means Proposes $1.3 Trillion of Tax Breaks, $2.3 Trillion of Tax Hikes

UPDATE (9/13/2021): The Joint Committee on Taxation has released a full score of the revenue proposals, including the revenue-raising items. The...
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Sep 9, 2021 | Blog Paper Press Release | Budgets & Projections

CBO Reports $173 Billion Deficit for August

The United States borrowed over $2.7 trillion in the first 11 months of fiscal year 2021, including $173 billion in August, according to the latest...
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Sep 9, 2021 | Blog Paper Press Release | Budgets & Projections

Responsibly Raising the Debt Limit

Yesterday, Treasury Secretary Janet Yellen warned Congress that the Treasury is likely to run out of extraordinary measures in October. Without...
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Sep 8, 2021 | Blog Paper Press Release | Budgets & Projections| Budget Process

FY 2022 Reconciliation Tracker

Last Updated: 9/20/2021 Budget reconciliation is underway ( read more about the full process here ), with House and Senate lawmakers crafting a...
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Sep 7, 2021 | Blog Paper Press Release | Budgets & Projections

Representatives Murphy and Cuellar Push for Fiscally Responsible Reconciliation

Representatives Stephanie Murphy (D-FL) and Henry Cuellar (D-TX) recently sent a letter to House majority leadership outlining principles for the...
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Sep 7, 2021 | Blog Paper Press Release | Budgets & Projections

Keeping Offsets on the Table

As lawmakers work to put together a reconciliation package that could include up to $3.5 trillion of gross spending and tax breaks, resistance has...
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