Budget Process
Latest
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Government Shutdowns Q&A: Everything You Should Know
This paper has been updated here. The new fiscal year (FY) begins on October 1, 2023, and Congress has so far enacted none of the 12 appropriations...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the chances of a...
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Budget Experts’ Prediction of a Government Shutdown
We expect there will be an awful lot of talk about a government shutdown in the coming weeks and months, so we decided to create a highly unscientific...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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Rep. Grothman Introduces Bill to Enforce FY 2026-2029 Spending Caps
Representative Glenn Grothman (R-WI) recently introduced the Enforce the Caps Act in the House, along with nearly a dozen co-sponsors. The legislation...
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Reintroduction of the Fiscal State of the Nation Resolution
Representatives Andy Barr (R-KY) and Scott Peters (D-CA) reintroduced the Fiscal State of the Nation resolution in the House in conjunction with...
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Appropriations 101
What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
The President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Committee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
The Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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It’s Time for a New Fiscal Commission
Yesterday, Speaker McCarthy suggested the idea of a bipartisan fiscal commission to explore long-term budgetary issues. The following is a statement...
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Statement on House Passage of Fiscal Responsibility Act
The House of Representatives recently passed the Fiscal Responsibility Act (FRA), which according to CBO would reduce debt levels by roughly $1.5...