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

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 ...

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.

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

This piece has been updated to include an estimate of the Changes in Mandatory Programs (CHIMPs) without outlay savings, which result in the net effect of the bill to in ...

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 ...

The House of Representatives will soon vote on a full-year continuing resolution (CR) for Fiscal Year (FY) 2025.