Latest
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What’s in the Senate’s Concurrent FY 2025 Budget?
Read moreThe Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the stage for reconciliation...
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CRFB Reacts to Senate Proposed Budget
Read moreThe Senate Budget Committee released a draft amendment to the House’s Fiscal Year (FY) 2025 budget resolution today, which the Senate intends to adopt...
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Rumored Senate Reconciliation Instructions Would Double Debt Growth
Read morePress reports indicate that Senate leadership may release a proposed concurrent budget resolution for Fiscal Year (FY) 2025 as early as today with...
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Senate Should Not Undermine Budget Rules to Pass Tax Cuts
Read moreIn developing a budget resolution, the Senate had considered adopting a “current policy baseline” to obscure nearly $4 trillion of borrowing over the...
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Fiscal Goals Become Very Difficult with Reconciliation Plans
Read moreIt would take more than $7 trillion of ten-year savings to stabilize debt at the size of the economy by Fiscal Year (FY) 2034. But rather than making...
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Debt Ceiling Needs to be Raised in Advance of X Date
Read moreRecent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, which was reinstated on...
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Experts Push Back on Current Policy Switch
Read moreAs Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of...
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The House’s $2 Trillion in Spending Cuts Should Be an Absolute Minimum
Read moreThe reconciliation instructions in the House’s Fiscal Year (FY) 2025 budget resolution – which allow up to $2.8 trillion of net borrowing through 2034...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 3/28/2025: The President signed a continuing resolution (H.R. 1968) on March 15, 2025, that runs through September 30, 2025. Our analysis of...
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Analysis of CBO’s March 2025 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its January 2025 ten-year projections...
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Budget Resolution Must Have Real Savings Instructions for the Senate
Read moreAs the House and Senate work toward agreement on a concurrent budget resolution, reports indicate a potential compromise in which lawmakers combine...
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CBO Releases March 2025 Long-Term Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its March 2025 Long-Term Budget and Economic Outlook, its first full thirty-year baseline and...