House of Representatives
Latest
-
CRFB Statement on Limit, Save, Grow Act Passage
The House of Representatives just passed the Limit, Save, Grow Act, which would raise the debt ceiling, cap discretionary spending, and reduce...
-
ARCHIVE: What's in the Limit, Save, Grow Act?
Update (4/25/2023): The Congressional Budget Office has released an official score of the Limit, Save, Grow Act; read our analysis of that score here...
-
House Offers a Serious Package of Savings
Today, House leadership put forward a framework to raise the debt limit while also reducing and capping the growth of discretionary spending...
-
Congress On Track to Miss Budget Deadline for 20th Year in a Row
The statutory deadline for Congress to complete action on a concurrent budget resolution for Fiscal Year (FY) 2024 is April 15. The budget process...
-
Lawmakers Reintroduce Sustainable Budget Act
Lawmakers in both chambers of Congress recently reintroduced the Sustainable Budget Act, with Representatives Ed Case (D-HI) and Steve Womack (R-AR)...
-
One Month Until Congressional Budgets Come Due
The deadline for the House and Senate Budget Committees to propose and reconcile their respective budgets for Fiscal Year (FY) 2024 – April 15 th – is...
-
The Debt Ceiling and Fiscal Reforms
With federal debt subject to the limit currently at $31.38 trillion, the federal government has officially run up against its debt ceiling. In January...
-
IRS Funding Repeal Could Cost Over $100 Billion, Encourage Tax Cheating
1/9 Update: CBO released a score of the bill, incorporated below. The House is likely to vote today on a bill that would rescind roughly $70 billion...
-
Congress Approved $113 Billion of Aid to Ukraine in 2022
Since Russia launched its invasion of Ukraine less than one year ago, Congress has approved more than $113 billion of aid and military assistance to...
-
Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
-
Year-End Borrowing Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers should avoid worsening the deficit and should at least pledge to add no new...
-
Rules Reform – Ideas for the 118th Congress
At 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...