Debt Ceiling
Latest
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What’s in the Senate’s Concurrent FY 2025 Budget?
The Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the stage for reconciliation...
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Debt Ceiling Needs to be Raised in Advance of X Date
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on...
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Upcoming Congressional Fiscal Policy Deadlines
Updated 3/28/2025: The President signed a continuing resolution (H.R. 1968) on March 15, 2025, that runs through September 30, 2025. Our analysis of...
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2025 Reconciliation Tracker
Now that the House and Senate have adopted separate budget resolutions with reconciliation instructions, lawmakers are discussing what to include in a...
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Reforming the Debt Ceiling
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on extraordinary measures and...
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Responsible Budgeting Act Reintroduced in the House
On February 6, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, along with Representatives...
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Debt Ceiling Q&A
After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt...
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House Lawmakers Reintroduce Debt Ceiling Reform Legislation
On September 20, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, reintroduced the Responsible...
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CBO Estimates $1.4 Trillion Deficit For First 9 Months of Fiscal Year
In the first nine months of fiscal year 2023, the United States borrowed $1.4 trillion, with a $225 billion deficit in June, according to the latest...
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Chartbook: The Fiscal Outlook After the Debt Limit Deal
The recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
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Marc Goldwein on CNBC's "Squawk Box"
Committee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
The President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...