Latest
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CBO Shows $782 Billion Deficit for FY 2018
Read moreLate last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...
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Q&A: Everything You Should Know About Government Shutdowns
Read moreThis paper has been updated here. The fiscal year began on September 30, has only passed 5 of 12 appropriations bills setting spending levels. If...
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A Fiscal Year Defined by $2.4 Trillion In New Debt
Read moreTypically, we mark the end of the fiscal year, which will occur on Monday, by reviewing important numbers for the previous fiscal year. This year, one...
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Budgeting for the Next Generation: Options to Improve Budgeting for Children
Read moreChildren have less ability to meet their needs in the short term and more potential in the long term than other age groups, but federal policy does...
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JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth
Read moreThe Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
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Appropriations Process Still Broken
Read moreFor Immediate Release Congress has passed a minibus appropriations bill containing two of the 12 appropriations bills and a continuing resolution...
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Co-Chair Lowey Proposes Reforms to the JSC
Read moreThe Joint Select Committee on Budget and Appropriations Process Reform (JSC) continues to work on its recommendations, which are due at the end of...
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2018 Annual Dinner: Celebrating our Commitment to Fiscal Responsibility
Read moreOn Thursday, September 13, the Committee for a Responsible Federal Budget hosted its 2018 Annual Dinner at the Liaison Hotel on Capitol Hill. We had a...
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No, Really, Tax Revenue Has Not Risen
Read moreUpdate: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. At the...
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The Progressive Caucus FY 2019 "People's Budget"
Read moreThe Congressional Progressive Caucus (CPC) released its “The People’s Budget: A Roadmap for the Resistance” for Fiscal Year (FY) 2019, which calls for...
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House to Consider Another $59 Billion of Tax Cuts
Read moreThe House will likely consider a package of health-related tax cuts this week, separate from the permanent extension of the 2017 tax law considered by...
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Tax Cut Extensions Would Cost $657 Billion
Read moreThe House Ways and Means Committee on Monday released three bills they are dubbing "Tax Reform 2.0." The biggest of these bills would extend many of...