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

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

The House Budget Committee reported out a Fiscal Year 2025 budget resolution last week that would facilitate reconciliation legislation permitting $2.8 trillion in deficit increases through 203 ...

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 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 ...

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

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.

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 ...

David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.

Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...