FY 2022 Budget
Latest
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CBO Scores IRA with $238 Billion of Deficit Reduction
The Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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Cancelling Student Debt Would Undermine Inflation Reduction Act
The recently-passed Inflation Reduction Act (IRA) will reduce budget deficits by roughly $275 billion while pushing fiscal policy in the right...
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The Inflation Reduction Act Would Reduce the Tax Gap
Of the $790 billion of savings and offsets in the Inflation Reduction Act (IRA) , about $125 billion would come from improving tax compliance...
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What's In the Inflation Reduction Act?
Update (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act, finding it will...
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Appropriations Watch: FY 2022
Updated 7/5/22: For news on the appropriations process for the upcoming fiscal year, please see Appropriations Watch: FY 2023. The Senate passed a...
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What's in the FY 2022 Omnibus Bill?
Last week, Congress passed the Fiscal Year (FY) 2022 omnibus appropriations bill, which sets appropriations levels and allocations for the remainder...
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Heritage Foundation Releases 2022 Budget Blueprint
The Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
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Q&A: Everything You Should Know About Government Shutdowns
This paper has been updated here. The new fiscal year (FY) will begin on October 1, 2021, and Congress has so far enacted none of the 12...