Budget Process

This week, Congress will continue to deliberate if and how to continue the “ tax extenders” which expired at the end of 2013. In doing so, both the...

Congressman Reid Ribble (R-WI) and Congressman Mark Pocan (D-WI) introduced the Long-Term Studies of Comprehensive Outcomes and Returns for the...

This blog has corrected the amount of Medicare savings in the budget. It previously said $50 billion, but that included the cost of repealing the...

Update: The House passed the Pro-Growth Budgeting Act by a 224-182 vote. Also, CBO posted a letter to Chairman Paul Ryan examining the feasibility of...

A new feature of House Budget Committee Chairman Paul Ryan's (R-WI) FY 2015 budget is assumption of a "fiscal dividend," which reflects the economic...

Along with its analysis of the conventional revenue impacts ( summarized here by CRFB), the Joint Committee on Taxation (JCT) analyzed the potential...

In a new and informative series on Reforming the Budget, the Brookings Institution looked at challenges facing the budget process and proposed...

Earlier today, House Ways and Means Chairman Dave Camp (R-MI) released the Tax Reform Act of 2014, which would drastically restructure the U.S. tax...

In order to avoid bumping up against the statutory debt ceiling, the Department of the Treasury has begun undertaking a number of so-called...

With the debt ceiling having been reinstated last Friday, lawmakers are scrambling to come up with legislation to lift or suspend it again before...

Yesterday, we updated our Q&A: Everything You Needed To Know About the Debt Ceiling to reflect the newest date for the debt ceiling, which will be...