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Leon Panetta's House Budget Committee Testimony on America's Fiscal Future: Examining the Need for a Fiscal Commission
Read moreOn September 21, 2026, Committee for a Responsible Federal Budget Co-Chair and former Secretary of Defense Leon Panetta testified before a hearing of... -
Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 6/11/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a partial shutdown that began on February... -
What's in the Senate's FY 2027 Budget Resolution?
Read moreThe Senate Budget Committee released its fiscal year (FY) 2027 budget resolution earlier this month. Most significantly, the resolution would... -
Principles for Fighting Waste, Fraud, Errors, and Abuse in Reconciliation
Read moreAs the House considers whether to move forward on a new reconciliation package, there is talk of using reconciliation to significantly reduce... -
Reconciliation 3.0 Should Be For Deficit Reduction
Read moreAs lawmakers begin discussions over advancing a third budget reconciliation bill in the 119 th Congress, they should keep focus on the country’s... -
Beyond the Gridlock: Bipartisan Fiscal Solutions
Read moreGiven that both Republicans and Democrats are equally to blame for our dismal fiscal situation and even more dismal outlook, lawmakers from both... -
Bill Would Raise Revenue by Improving Tax Compliance
Read moreSenator Angus King (I-ME), joined by many of his colleagues, introduced the Stop CHEATERS Act (S. 4298) last month. The bill would provide $84 billion... -
Senator Wyden Introduces Tax Week Revenue-Raisers
Read moreSenator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax... -
Reconciliation 101
Read moreWhat is Reconciliation? How do Reconciliation Instructions Work? Can a Reconciliation Bill Add to the Deficit? What is the “Byrd Rule”? What are Other... -
Recap: Maya MacGuineas Testifies Before Senate Finance Subcommittee
Read moreOn March 11, the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth held a hearing titled “The Fiscal Outlook: 2027-2036.” The... -
Senators Introduce 3% Fiscal Target Resolution
Read moreSenators Kevin Cramer (R-ND) and Angus King (I-ME), along with Senators Dave McCormick (R-PA) and Gary Peters (D-MI), recently introduced a resolution... -
Senators Introduce Fiscal Commission Act
Read moreSenators John Curtis (R-UT) and Angus King (I-ME), joined by Senators Chris Coons (D-DE), Thom Tillis (R-NC), Todd Young (R-IN), Jeanne Shaheen (D-NH)...