In order for the reconciliation process to begin, the House and Senate must pass a concurrent budget resolution that includes a deficit reduction or cost target for relevant committees. Each committee ...

As lawmakers continue to prepare for using budget reconciliation to enact their priorities, some continue to suggest that they should use a “current policy” baseline for the budget resolution, ...

In early 2018, following passage of the Tax Cuts and Jobs Act (TCJA), the Congressional Budget Office projected revenue co ...

Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the ...

The Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on a ...

Conventional estimates assume tariffs would reduce import levels consistent with elasticities derived from research and that all gained tariff revenue would be subject to income and payroll tax ...

The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...

The Committee's senior vice president and senior policy director, Marc Goldwein, recently appeared on CNBC's "The Exchange" alongside Don Schneider, Piper Sandler's deputy head of U.S.

Committee for a Responsible Federal Budget President Maya MacGuineas joined CNBC's "Squawk Box" to discuss the nation's fiscal outlook, President Trump’s proposed tariff plans and the ongoing negot ...

Representatives Ed Case (D-HI) and Steve Womack (R-AR) recently reintroduced the Sustainable Budget Act , which would establish an 18-member bipartisan commission tasked with deve ...

The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...