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

The United States borrowed $1.1 trillion in the first five months of Fiscal Year (FY) 2025, including $308 billion in the month of February, according to the latest ...

The House recently adopted its Fiscal Year (FY) 2025 budget resolution, which includes reconciliation instructions allowing a net ...

Committee president Maya MacGuineas recently appeared on Fox Business’s “Mornings with Maria” to discuss the House continuing resolution (CR), the importance of avoiding a government shutdown, deta ...

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

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

President Trump laid out his economic and other policy priorities in his first address to a joint session of Congress of his second term.

The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal workers in their probationary period, offering an ...

Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a ...

These questions rightly point to the fact that all previous reconciliation legislation was scored with a current law baseline, and switching now would set a fiscally dangerous precedent that would ...

Government funding is set to expire on March 14, meaning lawmakers will need to pass – and the President will need to sign – appropriations bills for Fiscal Year (FY) 2025 or enact a continuing ...

The House of Representatives just voted to approve its Fiscal Year 2025 budget resolution, a vehicle to allow for budget reconciliation legislation that could pave the way for $2.8 trillion of ...