Senate
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Hearing Recap: Fixing a Broken Budget and Spending Process – Perspectives of Two Former Chairmen
The Senate Budget Committee began a series of hearings on reforming the budget process on May 15. The first hearing, “ Fixing a Broken Budget and...
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Senate Budget Committee Sets the Stage for Responsible Budget Deal
Senate Budget Committee Chairman Mike Enzi (R-WY) has released his Chairman's Mark for the FY 2020 budget resolution, covering the next five fiscal...
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Senate Budget Plan Includes Realistic Deficit Reduction
For Immediate Release: Senate Budget Committee Chairman Mike Enzi (R-WY) introduced today a Chairman’s Mark of the Fiscal Year 2020 budget resolution...
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Three-Fifths of This Year's Deficit is Policymakers' Fault
The budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...
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Proposed Senate Point of Order Would Limit Health Care Proposals in Budget Reconciliation
For Immediate Release Today, 12 senators introduced a proposal that would establish a new Senate point of order to restrict the types of changes that...
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Rescissions, How Do They Work?
Recent press reports have indicated that the Trump Administration is looking to use a process known as rescission to cut spending from the recent...
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The Tax Bill Conference Committee Can Make The Final Bill Responsible
Both the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
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Five Ways to Improve the Senate Tax Bill
The current Senate version of the Tax Cuts and Jobs Act (TCJA) would add too much to the debt, but several improvements could make the bill both more...
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Both House and Senate Tax Bills Carry Substantial Costs
According to the Joint Committee on Taxation (JCT), the Senate version of the Tax Cuts and Jobs Act (TCJA) will add $1.5 trillion to the debt before...
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Senate Tax Plan Has Too Little Reform and Too Much Debt
For Immediate Release Senate GOP leaders yesterday unveiled their version of tax reform, which resembles the House’s bill but also differs in several...
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The Good, the Bad, and the Ugly of the Senate Tax Bill
Senate Finance Committee Chairman Orrin Hatch (R-UT) has released his Chairman's Mark of the Tax Cuts and Jobs Act, a Senate version of the House's...
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The Tax Cuts and Jobs Act Doesn't Comply with the Byrd Rule
While the Tax Cuts and Jobs Act (TCJA) under consideration in the House would satisfy reconciliation instructions requiring it add no more than $1.5...