Latest
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A Tale of Two Committees
Read moreThe House Ways & Means and Energy & Commerce Committees will mark up their reconciliation proposals tomorrow. The Ways & Means draft includes...
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Energy & Commerce Draft Would Help Limit Medicaid Gaming
Read moreThe House Energy & Commerce (E&C) Committee recently released its proposed reconciliation legislation, which is expected to save over $900 billion...
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Ways & Means Draft Could Add $5 Trillion to Deficits
Read moreUpdate (5/10/2025): This piece was published prior to the Joint Committee on Taxation's revenue estimate , which totals $4.9 trillion for the bill as...
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New Site-Neutral Bill Introduced in Senate
Read moreSenator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act this week, which would take significant steps toward implementing site-neutral...
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12-Month Rolling Deficit is $2.0 Trillion in April 2025
Read moreThe federal budget deficit totaled $2.0 trillion over the past 12 months based on estimates from the Congressional Budget Office (CBO). Due to...
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CBO Estimates Spending Up $166 billion in 2025
Read moreThe federal government spent $2.4 trillion from January through April 2025 – up $166 billion from January through April 2024, according to new...
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Options for Reducing Energy-Related Tax Breaks
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. OBBBA phased...
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CRFB Reacts to Ongoing Reconciliation Deliberations
Read moreThirty-two Members of the House of Representatives sent a letter to House leadership today laying out their conditions for supporting a reconciliation...
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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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Higher Treasury Yields Would Add Trillions to the Debt
Read moreThe 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
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Maya MacGuineas on Fox Business' "Mornings with Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
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Ways & Means Has Plenty of Deficit Reduction Options
Read moreThe Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...