House of Representatives
Latest
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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...
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Changes Move Reconciliation Bill in the Wrong Fiscal Direction
Read moreThe 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
Read moreThe 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
Read moreThe 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
Read moreYesterday 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
Read moreThe concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that...
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What’s in the Senate’s Concurrent FY 2025 Budget?
Read moreUpdate (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...
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The House’s $2 Trillion in Spending Cuts Should Be an Absolute Minimum
Read moreThe reconciliation instructions in the House’s Fiscal Year (FY) 2025 budget resolution – which allow up to $2.8 trillion of net borrowing through 2034...