Budget Process
Latest
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Budget Agreement Should Pave Way for Appropriations
Read moreHouse and Senate leadership announced a topline agreement yesterday on appropriations levels for Fiscal Year (FY) 2024. The agreement would maintain...
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CRFB Reacts to House Passage of CR
Read moreToday the House approved a two-tiered funding plan extending funding for four of the 12 appropriations bills until January 19, 2024 and the other...
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Maya MacGuineas on CNBC's "The Exchange"
Read moreCommittee president Maya MacGuineas recently joined CNBC's "The Exchange" with Kelly Evans to discuss the recent downgrade of the U.S. debt outlook by...
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CRFB Applauds Fiscal Stability Act
Read moreToday, in a show of fiscal leadership and bipartisanship, Senators Joe Manchin (D-WV) and Mitt Romney (R-UT) announced the Fiscal Stability Act , a...
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Government Shutdowns Q&A: Everything You Should Know
Read moreThis paper has been updated here. The first continuing resolution (CR) for fiscal year (FY) 2024 expires on November 17, 2023, and Congress has so far...
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The Budget Act At 50 – Budget Process Reform Recommendations for the 118th Congress
Read moreThe Congressional Budget and Impoundment Control Act will turn 50 next year, and the budget process is showing its age. The current budget process is...
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Congress Avoids a Shutdown, But Leaves Much More to Be Done
Read moreThe House and Senate have approved a Continuing Resolution (CR) that funds the government at Fiscal Year 2023 appropriations levels and avoids a...
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CRFB Reacts to Proposed Fiscal Commission
Read moreToday, Bipartisan Fiscal Forum Co-Chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA) proposed bipartisan legislation to establish a...
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It's Time for A Bipartisan Fiscal Commission
Read moreThe national debt is on an unsustainable path, interest costs are exploding, and the Social Security and Medicare trust funds are approaching...
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Maya MacGuineas: Finally, a Serious Idea to Address the National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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87% Chance of Shutdown, Per CRFB Budget Experts' Poll
Read moreThe odds of a government shutdown, per the unscientific CRFB Budget Experts' Poll, have shot up to 87 percent (after dropping one expert's prediction...
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Kent Conrad and Rob Portman: It isn’t hopeless. We can fix our debt and deficit problems.
Read moreKent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. Rob...