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Updated 3/28/2025: The President signed a continuing resolution (H.R. 1968) on March 15, 2025, that runs through September 30, 2025. Our analysis of...

The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...

The Congressional Budget Office (CBO) just released its March 2025 Long-Term Budget and Economic Outlook, its first full thirty-year baseline and...

The Medicare Payment Advisory Commission (MedPAC) released their latest status report on the Medicare Advantage (MA) program last week. Based on this...

Social Security is the largest federal government program and provides income to nearly 70 million retirees, dependents, survivors, and disabled...

In a recent letter, the Congressional Budget Office (CBO) estimated that extending and reviving various provisions from the Tax Cuts and Jobs Act...

Members of the Trump Administration and Congress have recently discussed the idea of waiving all taxes for those making less than $150,000 per year...

Now that the House and Senate have adopted separate budget resolutions with reconciliation instructions, lawmakers are discussing what to include in a...

Update: JCT issued a response to the letter confirming the default approach to scoring tax legislation is using a current law baseline as established...

Note: This is an update of our Tax Gap Primer using the latest available data from the IRS. One of the most fair and efficient ways for policymakers...

Updated 3/19/25: On March 14, the Senate passed a final continuing resolution to extend government funding through the end of the fiscal year, thereby...

As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...