Lawmakers need to protect and build upon the thoughtful but woefully inadequate offsets in the law. And efforts to adjust or reverse any problematic offsets should be fully paid for so they don’t add ...

Based on data from the Congressional Budget Office (CBO), we estimate that through FY 2034 OBBBA will increase the debt by $4 ...

The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed ...

The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...

1 Due to House and Senate committees having different jurisdictions, the reconciliation instructions would be different for each chamber even if they both adopted resolutions with consistent ...

The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA). The table below is a comprehensive tally of each provision included in the ...

Board Members The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the ...

The proposed rule would close a loophole that has allowed several states to get around the requirement that provider taxes redistribute Medicaid funds to a range of providers, not just the ones that ...

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their ti ...

Maya MacGuineas is the president of the bipartisan Committee for a Responsible Federal Budget. Her areas of expertise include budget, tax, and economic policy. As a leading budget expert and a ...