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 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 ...

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 ...

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 ...