Latest
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CRFB Statement on President Trump’s FY 2026 Discretionary Budget
Read moreThe Trump Administration released its “skinny budget” today, which details plans for discretionary spending for Fiscal Year (FY) 2026. The budget...
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Budget 101
Read moreKey Resources to Get You Started or Refresh Your Understanding of Fiscal Topics The Budget 101 resources page offers a collection of materials...
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Energy & Commerce Has Plenty of Options
Read moreUnder the House's reconciliation instructions, the Energy & Commerce Committee is tasked with identifying at least $880 billion of net deficit...
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Extending TCJA is as Big as Doubling Social Security’s Shortfall
Read morePolicymakers are considering an extension of expiring parts of the Tax Cuts and Jobs Act (TCJA) as part of a reconciliation bill, which could reduce...
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House Education and Workforce Committee Proposes $349 Billion in Offsets
Read moreYesterday the House Education and Workforce Committee released its part of the House reconciliation package, which would save an estimated $349...
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House Education & Workforce Committee Proposes Thoughtful Higher Ed Reforms
Read moreThe House Education and Workforce Committee today released its part of the House reconciliation package, which would save over $330 billion through...
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Maya MacGuineas and Samuel T. Sicard: Situation Dire
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and Samuel T. Sicard is president and CEO of First National Bank of...
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Policymakers May Double Down on Baseline Manipulation
Read morePolicymakers are considering enacting several new tax cuts on top of the Tax Cuts and Jobs Act (TCJA) extension in the forthcoming reconciliation bill...
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The Department of Education Is Putting Student Loans Back on Track
Read moreThe Department of Education announced yesterday a multi-pronged plan to restart collections on defaulted loans and begin an outreach campaign to...
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Unpaid-for Tax Cuts Would Shrink Incomes, CBO Finds
Read moreThe Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 trillion in additional tax...
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Comparing the House vs. Senate on FY 2025 Reconciliation
Read moreThe 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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Experts Push Back on Current Policy Switch
Read moreAs Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...