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).

With the passage of the Social Security Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt in calendar year 2024 – a reversal from 2023’s $1 ...

The time that I have spent working at the Committee for a Responsible Federal Budget (CRFB) has been a transformative learning experience. When I began my internship, I had just graduated from the ...

Earlier today, a group of 28 Members of Congress signed a letter to incoming Congressional leadership recommending a two-step reconciliation process in the 119th Congress, with the first ...

Kent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill, an ...

Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November. This bill would repeal the Windfall ...

The Medicaid program – a joint federal-state program that provides health care to low-income populations – is projected to cost the federal government nearly $8 trillion over the next decade. With the ...

On October 16 and 22, 2024, the Committee for a Responsible Federal Budget hosted Budget 101: An Intern’s Guide to the Federal Budget. Specifically created for interns, these briefings sought to ...

Rising health care costs play a large role in the nation’s long-term fiscal challenges and it will take substantial reforms to reverse course. The 2nd Annual Health Solutions Summit will examine ...