Senate
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Comparing the Senate and House OBBBAs
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...
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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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OBBBA Would Accelerate Social Security & Medicare Insolvency
The Social Security and Medicare Trustees estimated in their 2025 annual reports on the programs that the retirement and hospital trust funds will...
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Senate Reconciliation Bill Could Add Over $4 Trillion to Debt
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...
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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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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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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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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...
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What’s in the Senate’s Concurrent FY 2025 Budget?
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...
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The House’s $2 Trillion in Spending Cuts Should Be an Absolute Minimum
The reconciliation instructions in the House’s Fiscal Year (FY) 2025 budget resolution – which allow up to $2.8 trillion of net borrowing through 2034...
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Senators Push Back Against Current Policy Gimmick
Update: JCT issued a response to the letter confirming the default approach to scoring tax legislation is using a current law baseline as established...
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Chartbook: Reconciliation 101
On February 25, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...