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What's In the One Big Beautiful Bill Act?
Read moreNote: This blog was updated on 8/4/25 to reflect CBO's newly-released estimates of the permanent cost of certain expiring tax provisions in OBBBA. The... -
Final OBBBA Score Confirms Long Road to Fiscal Recovery
Read moreToday, the Congressional Budget Office (CBO) released its final conventional score of the recently-enacted reconciliation bill known as the One Big... -
Marc Goldwein and Anthony Colavito: OBBBA Didn't End Taxes on Social Security Benefits; Here's What We Could Do Now
Read moreMarc Goldwein is Senior Vice President and Senior Policy Director of the Committee for a Responsible Federal Budget and Anthony Colavito is a Social... -
2025 Reconciliation Resources
Read moreThe 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring... -
Congress Should Not Cancel Reconciliation Offsets
Read moreA bill has been introduced that would significantly worsen the fiscal effects of the already debt-increasing reconciliation law (the “One Big... -
The 30-Year Cost of OBBBA
Read moreThe recently enacted One Big Beautiful Bill Act (OBBBA) would add an estimated $4.1 trillion to the debt through Fiscal Year (FY) 2034, based on... -
CMS Rule Would Close Medicaid Loophole
Read moreThe Center for Medicare & Medicaid Services (CMS) recently proposed a rule to limit some of the most egregious provider taxes used by states to... -
2025 Reconciliation Tracker
Read moreUpdated 7/11/25: On July 1, 2025, the Senate passed its version of the OBBBA by a narrow 51–50 vote —Vice President JD Vance casting the tie-breaker... -
Comments on Proposed Rule to Close a Medicaid Financing Loophole
Read moreOn July 11, 2025 the Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein and Director of... -
Treasury Confirms Spending Up $142 Billion in 2025
Read moreAccording to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion... -
Event Recap: Checking in on the 2025 Social Security & Medicare Trust Funds
Read moreOn June 24, the Committee for a Responsible Federal Budget hosted a virtual event following the release of the 2025 Social Security and Medicare... -
12-Month Rolling Deficit is $1.9 Trillion in June 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the Congressional Budget Office...