Updated 5/14/25: With most House committees having approved their portions of the reconciliation legislation, the House Budget Committee announced that it will hold a markup to combine these pieces...
The House is continuing to mark up its reconciliation legislation, which we estimate would add $3.3 trillion to the debt including interest or $5.2 trillion if its temporary provisions are made...
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)...
