Congressional Budgets
Latest
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Upcoming Congressional Fiscal Policy Deadlines
Updated 3/3/2023: The Congressional Budget Office issued new reports this week on the statutory debt limit and the budget outlook, both of which...
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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...
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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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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...