Senate
Latest
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Site-Neutral Legislative Proposals Gaining Traction
Read moreOne of the best ways to reduce health care costs would be to move towards “ site-neutral” payments and away from the current system’s inefficient...
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We Must Not Backslide on Fiscal Responsibility Act
Read moreThe bipartisan Fiscal Responsibility Act (FRA) enacted last month was projected to generate $1.5 trillion of deficit reduction – more than any...
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Reintroduction of the Fiscal State of the Nation Resolution
Read moreRepresentatives Andy Barr (R-KY) and Scott Peters (D-CA) reintroduced the Fiscal State of the Nation resolution in the House in conjunction with...
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Key Takeaways from the Site-based Invoicing and Transparency Enhancement (SITE) Act
Read moreThis week Senators Mike Braun (R-IN), Maggie Hassan (D-NH), and John Kennedy (R-LA) introduced the Site-based Invoicing and Transparency Enhancement...
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Congress On Track to Miss Budget Deadline for 20th Year in a Row
Read moreThe statutory deadline for Congress to complete action on a concurrent budget resolution for Fiscal Year (FY) 2024 is April 15. The budget process...
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One Month Until Congressional Budgets Come Due
Read moreThe deadline for the House and Senate Budget Committees to propose and reconcile their respective budgets for Fiscal Year (FY) 2024 – April 15 th – is...
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The Debt Ceiling and Fiscal Reforms
Read moreWith federal debt subject to the limit currently at $31.38 trillion, the federal government has officially run up against its debt ceiling. In January...
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Prevent Government Shutdowns Act of 2023 Introduced in the Senate
Read moreLast week, Senators James Lankford (R-OK), Maggie Hassan (D-NH), and a bipartisan group of nine additional senators reintroduced the Prevent...
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IRS Funding Repeal Could Cost Over $100 Billion, Encourage Tax Cheating
Read more1/9 Update: CBO released a score of the bill, incorporated below. The House is likely to vote today on a bill that would rescind roughly $70 billion...
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Congress Approved $113 Billion of Aid to Ukraine in 2022
Read moreSince Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Year-End Borrowing Could Worsen Deficits and Inflation
Read moreWith inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...