Congressional Budgets
Latest
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ARCHIVE: What's in the Limit, Save, Grow Act?
Update (4/25/2023): The Congressional Budget Office has released an official score of the Limit, Save, Grow Act; read our analysis of that score here...
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One Month Until Congressional Budgets Come Due
The deadline for the House and Senate Budget Committees to propose and reconcile their respective budgets for Fiscal Year (FY) 2024 – April 15 th – is...
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What We Hope to See in the White House and Congressional Budgets
The White House will release President Biden’s Fiscal Year (FY) 2024 budget proposal on Thursday, and then the Budget Committees should meet their...
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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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UPDATE: Build Back Better Visualized
UPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...
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Two-Thirds of Millionaires Get a Tax Cut Under Build Back Better, Due to SALT Relief
This week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...
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Build Back Better Visualized
Last week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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BBB Expirations Could Hide $1 to $2 Trillion of True Costs
As negotiations over President Biden’s Build Back Better reconciliation package continue, lawmakers are reportedly considering an extension of the...
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Chartbook: Build Back Better for Less
Policymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...
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The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...
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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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RSC Releases Its FY 2022 Budget Proposal
The Republican Study Committee (RSC), a group of over 150 House Republicans, released its annual budget proposal for Fiscal Year (FY) 2022 on...