FY 2022 Reconciliation Resources
Policymakers are in the midst of negotiating a Fiscal Year (FY) 2022 reconciliation package. The Committee for a Responsible Federal Budget has been following the developments closely. We have published timely, in-depth analyses and will continue to do so. All the products we have published thus far are listed below. This page will be regularly updated as we release subsequent analyses and other products. To sign up for updates on reconciliation and other budget news click here.
The reconciliation legislation will be guided by instructions included in the concurrent budget resolution passed on August 24, 2021. That resolution provided for deficit increases of up to $1.75 trillion, providing instructions to 12 Senate committees and 13 House committees to write legislation to comply with the budget. Once each committee reports its instructions and the respective Budget Committee reports the legislation, it will have fast-track consideration, allowing it to bypass the filibuster in the Senate. Read more about reconciliation in our Reconciliation 101.
Trackers (Updated Regularly)
Analyses
- IRA Changes Could Erase $500 Billion of Long-Term Savings (8/16/22)
- The Inflation Reduction Act Would Reduce the Tax Gap (8/4/22)
- IRA Saves Almost $2 Trillion Over Two Decades (8/3/22)
- IRA Would Lower Medicare Costs, NOT Cut Benefits (8/2/22)
- IRA Will Help Fed Fight Inflation (8/1/22)
- What's In the Inflation Reduction Act? (7/28/22)
- Reconciliation Criticisms Are Off Base (7/14/22)
- Reconciliation Could Improve Medicare Solvency (7/8/22)
- CBO Estimates Drug Savings for Reconciliation (7/8/22)
- Reducing Drug Prices and the Tax Gap (6/29/22)
- Policymakers Shouldn't Weaken Build Back Better Surtax (1/20/22)
- Build Back Better Drug Reforms Would Lower Costs (1/13/22)
- Addressing Tax Expenditures Could Raise Substantial Revenue (1/6/22)
- New SALT Proposals Would Improve House Bill (12/13/21)
- SALT Repeal Just Below $1 Million is Still Costly and Regressive (12/11/21)
- Two-Thirds of the "One Percent" Get a Tax Cut Under Build Back Better, Due to SALT Relief (12/10/21)
- CBO Estimates a Permanent Build Back Better (12/10/21)
- Reducing Build Back Better Inflation Risk (12/9/21)
- Does Build Back Better Cost $1.6 Trillion or $2.4 Trillion (12/8/21)
- What Will Build Back Better Mean for Inflation? (12/6/21)
- "Revenue Neutral" SALT Cap Relief is Costly and Regressive (12/2/21)
- A Permanent Build Back Better Act Could Cost $4.8 Trillion (11/30/21)
- UPDATE: Build Back Better Visualized (11/24/21)
- SALT Cap Repeal Below $500k Still Costly and Regressive (11/19/21)
- Full Estimates of the House Build Back Better Act (11/18/21)
- CBO Scores the Build Back Better Act (11/18/21)
- Build Back Better Cost Would Double with Extensions (11/15/21)
- Two-Thirds of Millionaires Get a Tax Cut Under Build Back Better, Due to SALT Relief (11/12/21)
- Build Back Better SALT Gains for the Rich Eclipse Child Credit Boost (11/9/21)
- What's in the House's Build Back Better Act? (11/8/21)
- There's a baffling tax gift to the wealthy in the Democrats' social-spending bill (11/5/21 opinion piece by Committee senior vice president and senior policy director Marc Goldwein)
- An Update on Build Back Better Offsets (11/4/21)
- $72,500 SALT Cap is Costly and Regressive (11/3/21)
- 5-Year SALT Cap Repeal Would Be Costliest Part of Build Back Better (11/2/21)
- Build Back Better Visualized (11/1/21)
- Reconciliation May Deliver a Tax Cut to the Rich (10/29/21)
- Bank Reporting Can Help Reduce the Tax Gap (10/29/21)
- What’s in the Latest Build Back Better Framework (10/28/21)
- Could Reconciliation Deliver a Tax Cut to the Rich? (10/26/21)
- SALT Cap Repeal Does Not Belong in Build Back Better (10/25/21)
- House Child Care Plan Cost Could Double If Made Permanent (10/22/21)
- House ACA Plan Will Cost Almost $600 Billion and Cover 4 Million People, CBO Finds (10/22/21)
- BBB Expirations Could Hide $1 to $2 Trillion of True Costs (10/21/21)
- Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue (9/22/21)
- Ways and Means Proposes $1.3 Trillion of Tax Breaks, $2.3 Trillion of Tax Hikes (9/13/21)
- Representatives Murphy and Cuellar Push for Fiscally Responsible Reconciliation (9/7/21)
- CBO Estimates $120 Billion from IRS Funding Boost (9/2/21)
- Comparing the Cost of Build Back Better to Other Recent Legislation (8/17/21)
- Reconciliation 101 (8/13/21)
- The Budgetary Implications of the Senate Budget Resolution (8/12/21)
- How Much Could Build Back Better Add to the Debt, An Update (8/11/21)
- The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing (8/9/21)
- Comparing the True Costs of Build Back Better and the TCJA (8/3/21)
- Congress should reinstate the 'Conrad Rule' to prevent abuse of budget reconciliation (7/22/21 opinion piece by Committee member Kent Conrad)
- Five Reasons to Pay for New Investments (7/20/21)
- True Cost of Budget Plan Could Exceed $5 Trillion (7/19/21)
- Primer: Understanding the Tax Gap (6/17/21)
Policy Products
- Cut Debt and Tax Carbon to Help Bring Down Inflation (7/17/22 opinion piece by Committee research director Chris Towner)
- Reconciliation can work if Congress sets priorities and cuts the games (10/26/21 opinion piece by Committee president Maya MacGuineas)
- Build Back Better for Less: Two Illustrative Packages (10/12/21)
- Health Savings Can Help Pay for Reconciliation (10/1/21)
- Limiting the Cost of Medicare Expansion (9/23/21)
- Mind the (tax) gap: To fund new spending, people should pay the taxes they owe (9/22/21 opinion piece by Committee president Maya MacGuineas)
- Five Ways to Improve the FY 2022 Reconciliation Package (9/21/21)
- Better Targeting in Reconciliation (9/13/21)
- SALT Cap Repeal Would Be a Costly Mistake (9/10/21)
- Closing the Stepped-Up Basis Loophole (9/9/21)
- There is No Such Thing as Progressive SALT Cap Relief (7/7/21)
Press Releases
- White House Should Repeal Drug Rebate Rule as Part of Inflation Reduction Act Agreement (8/16/22)
- A True Pivot in Budgeting (8/12/22)
- Senate Takes First Step Toward Fixing Our Debt (8/7/22)
- Budget Experts Urge Congress to Enact Deficit Reduction (8/3/22)
- Congress Should Not Water Down Inflation Reduction Act (8/3/22)
- The Economy Needs an Inflation Reduction Act (7/27/22)
- To Fight Inflation, More Deficit Reduction is Better (7/19/22)
- Surging Inflation Highlights Need for Deficit Reduction, Not Tax Cuts (7/13/22)
- Reconciliation Should Reduce Deficits, Fight Inflation, and Strengthen Medicare (7/12/22)
- Deficit Reduction Through Reconciliation Would Be Great News (3/4/22)
- A Smaller Reconciliation Bill Should Retain Offsets (2/2/22)
- Senate Should Make Build Back Better, Better (12/3/21)
- Build Back Better Score Highlights Need for Improvements (11/18/21)
- House Build Back Better Bills Are Built on Shaky Foundation (11/5/21)
- No Score, No Vote (11/1/21)
- New Build Back Better Framework Relies Too Heavily on Gimmicks (10/28/21)
- Don’t Take Reconciliation Offsets Off the Table (10/22/21)
- Congress Should Reject the Extenders Approach to Build Back Better (10/20/21)
- Reconciliation Requires Tradeoffs, Not Gimmicks (10/6/21)
- No Score, No Vote: House Should Not Vote on Reconciliation Without a Score (9/27/21)
- SALT Cap Repeal Does Not Belong in Reconciliation (9/15/21)
- Keeping Offsets on the Table (9/7/21)
- House Should Not Authorize Trillions of Borrowing (8/23/21)
- The Senate Should Restore the Conrad Rule (8/10/21)
- Reconciliation Instructions Must Not Add to the Debt (8/9/21)
- Fully Paid for Must Mean Fully Paid For (7/14/21)
- Policymakers Must Avoid a Budget Busting Summer (7/12/21)
- Reconciliation Should Not Add to the Debt (6/22/21)
- Congress Should Pass a Budget, Not Deem Huge Spending Increases (6/14/21)
Events