Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

Memo: CEA’s Flawed Analysis Does Not Show TCJA Extension Would Produce 3% Growth
Summary Points The estimates from the Council of Economic Advisors (CEA) 1 imply TCJA extension would boost average annual GDP growth to 2.1 percent...

Analysis of CBO’s March 2025 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its March 2025 Long-Term Budget Outlook, which builds off its January 2025 ten-year projections...

Government Shutdowns Q&A: Everything You Should Know
Discretionary funding for Fiscal Year (FY) 2025 will expire on March 14, and Congress has so far enacted zero of the 12 full-year appropriations bills...

Chartbook: Reconciliation 101
On February 25, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...

FY 2025 & 2026 Budget Resolution Principles
A fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal The...

Debt Ceiling Q&A
After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt...

Reform Needed for Medicaid DSH
Federal Medicaid Disproportionate Share Hospital (DSH) payments are set to face an $8 billion annual reduction – more than 50 percent – in 2025, 2026...

Comments on Proposed Student Debt Hardship Rule
On November 27, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, and Senior Policy...

Reconciliation 101
What is Reconciliation? How do Reconciliation Instructions Work? Can a Reconciliation Bill Add to the Deficit? What is the “Byrd Rule”? What are Other...

The Fiscal Impact of the Harris and Trump Campaign Plans
Note: This analysis has been updated to incorporate new proposals announced by the candidates since we initially published on October 7. You can read...

Chartbook: The Fiscal Impact of the Harris and Trump Campaign Plans
On October 16, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...

ARCHIVE: The Fiscal Impact of the Harris and Trump Campaign Plans
NOTE: This is an archived version of our initial analysis published on October 7. We have since published an updated analysis , featuring policies...