Defense

Note: This blog was updated on 8/4/25 to reflect CBO's newly-released estimates of the permanent cost of certain expiring tax provisions in OBBBA. The...

The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA). The table below is a...

As it currently stands, the Senate reconciliation bill is likely to add $3.5 to $4.2 trillion to the debt through Fiscal Year (FY) 2034, based on our...

Note: (06/23/2025) Some categorizations and numbers in the Ways and Means' section of the table below have been updated to more accurately reflect the...

Update (4/11/2025): The Senate adopted the budget described below on April 5, 2025, and the House adopted the budget on April 10, 2025, making this...

Bipartisan Fiscal Forum co-chairs Rep. Scott Peters (D-CA) and Rep. Bill Huizenga (R-MI) recently led a letter to House Speaker Mike Johnson (R-LA)...

With the recent passage of the national security supplementals, Congress has now approved nearly $175 billion of aid and military assistance to...

Note: For the latest fiscal year, click here . Updated 4/24/2024: On Tuesday, April 23, the Senate passed a package of national security-oriented...

The House of Representatives is set to soon vote on a series of national security-related supplemental appropriations bills. Three of the bills...