Budget Process
Latest
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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...
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Mitch Daniels: ‘The Day the Dollar Died’ is coming. What’s the plan?
Mitch Daniels is the president emeritus of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget...
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Government Shutdowns Q&A: Everything You Should Know
Discretionary funding for Fiscal Year (FY) 2024 will expire on September 30, and Congress has so far enacted zero of the 12 full-year appropriations...
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Keep Government Open Without More Debt
Fiscal Year (FY) 2024 will end on September 30, 2024, and zero of the 12 appropriations bills to fund the government have been signed into law. The...
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Congress Should Strengthen Administrative PAYGO
The Fiscal Responsibility Act (FRA) of 2023 re-established Administrative PAYGO (Pay-As-You-Go) – a rule requiring the executive branch to offset...
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Reconciliation for Deficit Reduction
Next year, Members of Congress may choose to use a mechanism known as reconciliation to fast-track the enactment of tax or spending changes. The...
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Bipartisan Fiscal Forum Leaders Letter Calls to Address Debt
Bipartisan Fiscal Forum co-chairs Rep. Scott Peters (D-CA) and Rep. Bill Huizenga (R-MI) recently led a letter to House Speaker Mike Johnson (R-LA)...