The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA)...
The appropriations process for Fiscal Year (FY) 2026 has begun, with action in both the House of Representatives and the Senate. The discretionary spending caps that were put in place by the Fiscal...
The 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 estimates from the Congressional Budget Office (CBO)...
