Senate
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UPDATE: Build Back Better Visualized
Read moreUPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...
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Two-Thirds of Millionaires Get a Tax Cut Under Build Back Better, Due to SALT Relief
Read moreThis week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...
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Build Back Better Visualized
Read moreLast week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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BBB Expirations Could Hide $1 to $2 Trillion of True Costs
Read moreAs negotiations over President Biden’s Build Back Better reconciliation package continue, lawmakers are reportedly considering an extension of the...
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Chartbook: Build Back Better for Less
Read morePolicymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...
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FY 2022 Reconciliation Tracker
Read moreLast Updated: 12/20/2021 Budget reconciliation is underway ( read more about the full process here), with House and Senate lawmakers crafting a...
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Limiting the Cost of Medicare Expansion
Read moreAs Congress negotiates proposals for Medicare benefit expansions, it should consider ways to limit their costs by either dropping the expansions...
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Five Ways to Improve the FY 2022 Reconciliation Package
Read moreCongress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden has made the...
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Prevent Government Shutdowns Act of 2021 Introduced in the Senate
Read moreRecently, Senators James Lankford (R-OK) and Maggie Hassan (D-NH) introduced the Prevent Government Shutdowns Act of 2021 (PGSA). The bill would...
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The Budgetary Implications of the Senate Budget Resolution
Read moreThe recently released fiscal year (FY) 2022 Senate budget resolution provides reconciliation instructions allowing for deficit increases of up to $1...
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Former Budget Committee Director Warns Against Budgetary Gimmicks
Read moreFormer Democratic House Budget Committee staff director Tom Kahn recently penned an op-ed for the Wall Street Journal in which he commended Congress...
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The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Read moreSenate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...