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Debt Ceiling Deal Squeezes Non-Defense Appropriations, Even With Agreed-Upon Adjustments
Understanding the House and Senate funding bills relative to the agreement will be important in the months ahead.
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Policy Basics
The budget process includes the President's budget proposal, Congress’s “budget resolution,” the “reconciliation” process to change tax or entitlement laws, and deficit-control measures such as spending caps, pay-as-you-go requirements, and sequestration.
We monitor the budget process and work to prevent harmful changes to it, such as requirements to balance the budget every year or arbitrary limits on total or low-income spending.
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Debt Ceiling Deal Squeezes Non-Defense Appropriations, Even With Agreed-Upon Adjustments
Understanding the House and Senate funding bills relative to the agreement will be important in the months...
Roundup: Analyzing House Republicans’ Harmful Debt-Ceiling-and-Cuts Bill
On April 25, the House passed Speaker Kevin McCarthy’s debt-ceiling-and-cuts bill that would use the need to raise the debt ceiling as a bargaining chip to force a set of unpopular, harmful...
McCarthy Bill Uses Debt Ceiling to Force Harmful Policies, Deep Cuts
Speaker McCarthy hides the full House Republican fiscal...
Debt Limit Default Is Default, Even Under a “Prioritization” Scheme
Lawmakers shouldn’t fool themselves: prioritization cannot avert financial chaos or soothe...
Debt Limit Threats Would Put the Global Economy at Risk
Using the debt ceiling as a bargaining chip is always irresponsible, but it’s especially dangerous at this moment, when monetary policy is tightening and the economic recovery is...
Failing to Suspend or Raise Debt Limit Would Have Wide-Ranging Effects
Were the nation to default on its legal obligations for the first time — which will occur if lawmakers don’t raise or suspend the debt limit in the coming days — that would have...
Congress Must Suspend or Raise the Debt Limit
Protecting the full faith and credit of the U.S. government by suspending or raising the debt limit should not be a partisan...
Enzi-Whitehouse Would Threaten Medicare and Medicaid
December 18: We’ve updated this post.
Congress should reject efforts to attach, to end-of-year spending legislation, a bill from the Senate Budget Committee’s Chairman Mike Enzi...
Enzi-Whitehouse Budget Process Bill Includes Harmful Provision for Automatic Reconciliation
The bill could drive harmful budget cuts and unsound economic...
Portman Proposal for Automatic Continuing Resolution Not a Good Solution for Government Shutdowns
An automatic CR raises significant concerns and would cause serious problems of its own, undermining sound budgeting and diminishing Congress’ role in setting national...