Budget Process and Rules
Latest
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What’s in the Senate’s Concurrent FY 2025 Budget?
The Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the stage for reconciliation...
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Experts Push Back on Current Policy Switch
As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...
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Upcoming Congressional Fiscal Policy Deadlines
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...
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2025 Reconciliation Tracker
Now that the House and Senate have adopted separate budget resolutions with reconciliation instructions, lawmakers are discussing what to include in a...
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Senators Push Back Against Current Policy Gimmick
Update: JCT issued a response to the letter confirming the default approach to scoring tax legislation is using a current law baseline as established...
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Chartbook: Reconciliation 101
On February 25, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...
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“Current Policy Baseline” Gimmick Could Explode the Debt
As the House and Senate work to land on a concurrent budget resolution, Congress may consider trying to measure their reconciliation bills relative to...
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Reforming the Debt Ceiling
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on extraordinary measures and...
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Responsible Budgeting Act Reintroduced in the House
On February 6, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, along with Representatives...
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FY 2025 & 2026 Budget Resolution Principles
A fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal The...
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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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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...