As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of baseline for the eventual reconciliation bill is on ...

Alan K. Simpson, a former Senator from Wyoming and a Member of the Committee for a Responsible Federal Budget, died Friday at the age of 93.

As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest ...

The full-year CR is roughly equivalent to FY 2024 funding with a few anomalies, including the removal of all Congressionally Directed Spending (“earmarks”) and other smaller shifts in funding between ...

The House Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $2.8 trillion to primary deficits through ...

The federal budget deficit totaled $2.2 trillion between March 2024 and February 2025 based on estimates from the ...

Adopting a current policy baseline would therefore allow lawmakers to hide $3.4 trillion to $4.6 trillion of borrowing ...

The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest Monthly Treasury Statement from the Treasury ...

The latest estimates from third-party modelers confirm what we’ve said several times before: economic growth will not pay for ...

In December, the House and Senate passed a continuing resolution to fund the government through March 14, 2025, averting the shutdown that was set to begin that night. This came after the House failed ...