House of Representatives
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 11/20/25: After 43 days, the latest government shutdown ended on November 12 with a funding measure that provides full-year Agriculture...
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Congress to Wipe $3.4 Trillion from PAYGO Scorecard
Read moreThe legislation to end the current government shutdown and temporarily fund the government would also wipe the current statutory PAYGO scorecard...
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A Second Reconciliation Bill Should Reduce Deficits
Read moreAs Congress considers the possibility of a second reconciliation bill, lawmakers should ensure it reduces deficits rather than adds to them as the...
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It's Time for "Super PAYGO"
Read more“Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt. 1 Too often these...
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Bipartisan Lawmakers Introduce Fiscal Contingency Preparedness Act
Read moreRepresentatives Ben Cline (R-VA) and Jared Golden (D-ME) introduced the Fiscal Contingency Preparedness Act (FCPA) today. This bill was also...
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What's In the One Big Beautiful Bill Act?
Read moreNote: 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...
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Senate OBBBA Violates House Budget Instructions
Read moreThe 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
Read moreNote: 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
Read moreNote: (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
Read moreRepresentatives 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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CBO's First Score of House Reconciliation Bill
Read moreThe 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
Read moreRaising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners . Further increasing the cap above...