Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent budget resolution that includes reconciliation instructions in order to ...

In a reversal from 2023, policymakers enacted $1 trillion of ten-year debt increases in 2024, including roughly $380 billion ...

The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...

Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Carolina Journal, an excerpt of which is below.

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 ...

Large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are set to expire at the end of 2025. Design your own solution below. The TCJA repealed the personal exemption and in its place nearly doubled the ...

Under current law through 2025, $1,700 of the $2,000 child tax credit can be "refundable," meaning it can be issued as a refund to those with no tax liability. The credit phases in by 15 percent of ...

With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and major trust funds approaching insolvency, policymakers ...

The “Earned Income Tax Credit” is paid out to working families with low to moderate incomes. A family with more children receives a larger credit. The Earned Income Tax Credit is listed as both a ...

Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Not only would this repeal unfairly expand windfall benefits by ...