House of Representatives
Latest
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Senate OBBBA Violates House Budget Instructions
The latest Senate version of the One Big Beautiful Bill Act (OBBBA) would likely add roughly $4 trillion to the national debt, including interest. 1...
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Senate Proposes $4.2 Trillion of Tax Cuts
Note: the Joint Committee on Taxation (JCT) has put together a current law score of the Senate Finance Committee tax proposals, which roughly match...
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Breaking Down the One Big Beautiful Bill
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...
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Fiscal Commission Act Reintroduced in the House
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), Co-Chairs of the Bipartisan Fiscal Forum, recently reintroduced the Fiscal Commission...
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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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CBO's First Score of House Reconciliation Bill
The Congressional Budget Office (CBO) released its first comprehensive estimate of the House’s Fiscal Year (FY) 2025 reconciliation bill – the One Big...
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Further SALT Cap Relief Only Benefits High Earners
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners . Further increasing the cap above...
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Changes Move Reconciliation Bill in the Wrong Fiscal Direction
The House of Representatives may vote on the reconciliation package, or the “One, Big, Beautiful Bill Act” (OBBBA), this week. House leadership...
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House Reconciliation Bill Would Massively Increase Near-Term Deficits
The House is continuing to mark up its reconciliation legislation, which we estimate would add $3.3 trillion to the debt including interest or $5.2...
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Reconciliation Could Increase Spending Under Senate Instructions
The Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 trillion to primary...
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House Education and Workforce Committee Proposes $349 Billion in Offsets
Yesterday the House Education and Workforce Committee released its part of the House reconciliation package, which would save an estimated $349...
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Comparing the House vs. Senate on FY 2025 Reconciliation
The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that...