Budget Process
Latest
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Responsibly Raising the Debt Limit
Read moreYesterday, Treasury Secretary Janet Yellen warned Congress that the Treasury is likely to run out of extraordinary measures in October. Without action...
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Bipartisan House Group Sends Letter Calling for Process Reforms
Read moreA bipartisan group of ten members from the House of Representatives recently sent a letter to the Senate calling for the addition of budget process...
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The Senate Should Restore the Conrad Rule
Read moreThe Senate is currently considering a budget resolution that includes reconciliation instructions to facilitate the enactment of numerous climate...
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Reconciliation Instructions Must Not Add to the Debt
Read moreToday, Senate Budget Committee Chairman Bernie Sanders released a budget resolution to allow for up to $1.75 trillion of new borrowing through...
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Congress Should Responsibly Lift the Debt Limit
Read moreThe suspension of the debt ceiling expired on July 31, at which point the ceiling was automatically raised to the current level of debt – around $28.5...
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Fiscal State of the Nation Introduced in the Senate and House
Read moreSenators Kyrsten Sinema (D-AZ), Joni Ernst (R-IA), Angus King (I-ME), Mark Kelly (D-AZ), Mike Braun (R-IN), Steve Daines (R-MT), and Jacky Rosen (D-NV...
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Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase
Read moreThe debt ceiling, or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury...
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Kent Conrad: Congress should reinstate the 'Conrad Rule' to prevent abuse of budget reconciliation
Read moreKent Conrad is a former senator from North Dakota, a former Chairman of the Senate Budget Committee, and a member of the Committee for a Responsible...
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Policymakers Must Avoid A Budget Busting Summer
Read moreFor Immediate Release Congress returns from the July 4 recess in the midst of negotiating three major spending packages: a bipartisan infrastructure...
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ARCHIVE: Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How will this year's appropriations process be different? How...
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Reconciliation Should Not Add to the Debt
Read moreFor Immediate Release Recent reports suggest the Senate Budget Committee is considering a budget that would call for $6 trillion in new spending, half...