Budget Process
Latest
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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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Upcoming Congressional Fiscal Policy Deadlines
Updated 12/18/2024: The President signed a Continuing Resolution on September 26, 2024, that runs through December 20, 2024. Lawmakers will need to...
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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...
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Bipartisan Senate Group Introduces the RESILIENCE Act
Senators Joe Manchin (I-WV), Mitt Romney (R-UT), Mark Warner (D-VA), and Mike Braun (R-IN) recently introduced the Reassuring Economic Stability In...
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Tim Penny and Maya MacGuineas: What if they held an election and a budget process broke out?
Tim Penny is co-chair of the Committee for a Responsible Federal Budget and a former representative from Minnesota and Maya MacGuineas is president of...
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House Lawmakers Reintroduce Debt Ceiling Reform Legislation
On September 20, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, reintroduced the Responsible...
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Addressing the Statutory PAYGO Scorecard
There is currently a massive $1.7 trillion balance on the statutory PAYGO scorecard for 2025. Under current law, this balance is slated to trigger a...
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Bipartisan Fiscal Forum Discusses Debt on House Floor
Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger posed by our mounting...