Budget Process
Latest
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last...
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Rules Reform – Ideas for the 118th Congress
Read moreAt the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be...
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Congress Avoids a Shutdown, But End-of-Year Package Could Be Costly
Read moreLawmakers passed a continuing resolution (CR) today to sustain current funding levels and avoid a government shutdown in the final hours of the fiscal...
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Upcoming CR Shows Broken Budget and Debt Addiction
Read moreLawmakers are considering a continuing resolution (CR) to keep the government from shutting down when funding lapses on Friday, September 30th at the...
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Budget Experts Urge Congress to Enact Deficit Reduction
Read moreToday, 55 of the nation’s top budget experts issued a letter calling for Congress to enact deficit reduction in the coming months and years in order...
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Lawmakers Now Three Months Past Budget Due Date
Read moreThe Congressional Budget Act states that Congress must pass its concurrent budget resolution on April 15 th of each year, but no action has been taken...
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FixUS Poll: As July 4th Approaches, Patriotic Values Still Popular
Read moreIn light of the pervasive political conflicts dominating national conversations, the Committee for a Responsible Federal Budget’s FixUS initiative, an...
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Congress Needs to Stop Deeming and Start Budgeting
Read moreToday, the House of Representatives passed a $1.6 trillion “deeming resolution” to set the topline level for appropriations for Fiscal Year 2023. The...
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Congress Misses Budget Deadline Again
Read moreThe statutory deadline for Congress to pass a concurrent budget resolution is April 15. The following is a statement from Maya MacGuineas, president...
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Omnibus Bill Highlights Need for Spending Caps
Read morePolicymakers are currently considering an omnibus appropriations bill to fund the federal government through the remainder of the fiscal year. The...
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Coalition Calls Attention to Lack of Fiscal Responsibility
Read moreThis week’s State of the Union address comes at a time when debt as a share of the economy is on track to surpass record levels within a decade. Today...
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Bipartisan Group Urges Budget Reforms
Read moreA bipartisan group of 24 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – sent a letter to House leadership today...