Budget Process
Latest
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Case and Womack Renew Efforts with the Sustainable Budget Act
Representatives Ed Case (D-HI) and Steve Womack (R-AR) recently reintroduced the Sustainable Budget Act (H.R. 222), which would establish an 18-member...
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Upcoming Congressional Fiscal Policy Deadlines
Updated 1/9/2024: The President signed a continuing resolution on December 21, 2024, that runs through March 14, 2025. Lawmakers will need to pass...
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Budget Resolution Should Provide a Plan for Realistic Debt Reduction
Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent budget resolution that...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt...
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Debt Ceiling Q&A
After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt...
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Reflections on the 2024 Ed Lorenzen Fiscal Internship
By Olabisi Omoniyi-Alake The time that I have spent working at the Committee for a Responsible Federal Budget (CRFB) has been a transformative...
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Maya MacGuineas: The Biggest Budget Deadline No One Has Heard Of
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Washington Examiner , an...
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Kent Conrad: The Conrad Rule is the Answer to our Budget Reconciliation Woes
Kent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. He...
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Event Recap – 2025: The Fiscal Challenges Ahead
On Tuesday, December 10, 2024, the Committee for a Responsible Federal Budget hosted more than 130 people at an in-person event, " 2025: The Fiscal...
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You Can’t Just Wish Away Deficit Effects by Assuming Something is Permanent
Some lawmakers are making the case that expiring tax cuts should be considered permanent in order to hide the $3.9 trillion increase in deficits that...
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Budget Reconciliation Should Be Used to Reduce the Debt, Not Add to It
Congress is preparing to use budget reconciliation to fast-track consideration of a number of new policies, including, according to press reports...
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Reconciliation 101
What is Reconciliation? How do Reconciliation Instructions Work? Can a Reconciliation Bill Add to the Deficit? What is the “Byrd Rule”? What are Other...