The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget Committee on February 13.

The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 ...

The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA).

The budget resolution approved by the House Budget Committee last week includes reconciliation instructions for the Energy and Commerce Committee to reduce deficits by at least $880 billion.

The Senate Budget Committee deserves credit for putting forward a budget resolution with realistic economic growth assumptions and an aggressive but achievable fiscal goal of stabilizing debt. However ...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...

The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, ...

The House Budget Committee released a proposed budget resolution for Fiscal Year (FY) 2025 today. The budget resolution includes reconciliation instructions that would allow up to $4.8 trillion in new ...

Committee president Maya MacGuineas recently appeared on CNBC's "Power Lunch" to discuss waste, fraud, and abuse in the federal budget, efforts to control wasteful spending through the Department o ...