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 House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.5 trillion to primary deficits over the coming decade...
The Congressional Budget Office (CBO) released its first comprehensive estimate of the House’s Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act – finding that before...
