Although the concurrent budget resolution called for the House to cut mandatory spending by $1.5 to $2 trillion over the next ...

If policymakers enact the House-passed reconciliation bill, they will need to find at least $17 trillion in savings to balance the budget.

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

In Fiscal Year (FY) 2027, we estimate the House reconciliation bill would boost deficits to about 7.0 percent of GDP, which ...

Already in 2024, spending on net interest surpassed all spending on Medicare and defense. With higher rates and debt, its ...

The House of Representatives passed its Fiscal Year (FY) 2025 budget reconciliation bill, which now moves to the Senate for its consideration.

The Congressional Budget Office (CBO) released its first comprehensive estimate of the House’s Fiscal Year (FY) 2025 reconciliation bill – the On ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

Committee president Maya MacGuineas recently appeared on CNBC's "Squawk Box" with hosts Joe Kernen and Andrew Ross Sorkin to discuss the House budget reconciliation package and its impact on the na ...

The House of Representatives may vote on the reconciliation package, or the “One, Big, Beautiful Bill Act” (OBBBA), this week.

Yesterday, the Senate passed by unanimous consent the No Tax on Tips Act, a bill that would create a federal income tax deduction of up to $25,000 a year for cash tips for eligible employees in ...