Federal Budget

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Report

Congress Should Provide Non-Defense Appropriations Sufficient to Address Full Range of National Needs and Priorities

June 10, 2022 | David Reich

Congress should set overall non-defense appropriations at a level adequate to meet national priorities, remedy shortfalls that hamper delivery of government services, and help build a stronger, more equitable economy.

Analysis of President Biden’s 2023 Budget

April 6, 2022

Report

Non-Defense Funding Increases Would Help Undo Decade of Cuts, Invest in National Needs

February 3, 2022

Statement

Parrott: President’s Budget Would Support Children and Families, Strengthen the Economy

March 28, 2022

Report

Murray-Kaine Proposal to Expand, Improve Child Care Would Benefit Families and the Economy

May 18, 2022 | Sharon Parrott

Report

House Appropriations Bills Take Steps to Use the Federal Budget as a Tool for Antiracism

February 3, 2022 | Jabari Cook, Sarah Calame, David Reich and Katie Windham

Report

Introduction to Budget “Reconciliation”

May 6, 2022 | Richard Kogan and David Reich

Resource List

Puerto Rico Fiscal Policy

New on this Topic

Blog

Inflation Reduction Act Will Reduce Medicare Drug Costs, Not Cut Benefits

August 10, 2022

Testimony

The Nation Has Made Progress Against Poverty But Policy Advances Are Needed to Reduce Still-High Hardship

July 28, 2022

Report

Stimulus Payments, Child Tax Credit Expansion Were Critical Parts of Successful COVID-19 Policy Response

June 22, 2022

Testimony

Robust COVID Relief Achieved Historic Gains Against Poverty and Hardship, Bolstered Economy

June 14, 2022

Blog

Policymakers Must Act to Address Social Security Service Crisis

May 26, 2022

Blog

Biden Proposal Would Eliminate Tax-Free Treatment for Much of Wealthiest Households’ Annual Income

May 6, 2022

Policy Basics

The budget details what the federal government will spend on particular programs and how it will finance that spending.

We analyze the President’s annual budget proposal and major congressional budget plans, focusing especially on programs for low- and moderate-income families. We also examine long-term budget challenges and promote measures to improve fiscal responsibility in an equitable way.

Deficits, Debt, and Interest

Fiscal Stimulus

Introduction to the Federal Budget Process

Non-Defense Discretionary Programs

The “Pay-As-You-Go” Budget Rule

Where Do Our Federal Tax Dollars Go?

View All Policy Basics

Sharon Parrott

President

Inflation Reduction Act Will Reduce Medicare Drug Costs, Not Cut Benefits

The Inflation Reduction Act, which the Senate has passed and the House is set to consider later this week, will reduce the cost of prescription drugs that are covered by Medicare, thereby...

The Nation Has Made Progress Against Poverty But Policy Advances Are Needed to Reduce Still-High Hardship

Chairman Himes, Ranking Member Steil, and members of the Committee, thank you for the opportunity to testify. I am Sharon Parrott, President of the Center on Budget and Policy Priorities,...

Stimulus Payments, Child Tax Credit Expansion Were Critical Parts of Successful COVID-19 Policy Response

The robust response helped make the COVID-19 recession the shortest on...

Robust COVID Relief Achieved Historic Gains Against Poverty and Hardship, Bolstered Economy

The COVID relief effort was robust and featured a number of successful policy innovations. As a result, the nation achieved historic gains against poverty and lowered...

Congress Should Provide Non-Defense Appropriations Sufficient to Address Full Range of National Needs and Priorities

Murray-Kaine Proposal to Expand, Improve Child Care Would Benefit Families and the Economy

A new proposal would increase the number of families in every state who can afford child care, improve the quality of child care in every state, and establish a pilot program so that some states can...

Policymakers Must Act to Address Social Security Service Crisis

The Social Security Administration faces a customer service crisis, caused by over a decade of austere administrative funding and compounded by the COVID-19...

Biden Proposal Would Eliminate Tax-Free Treatment for Much of Wealthiest Households’ Annual Income

A proposal in President Biden’s 2023 budget would ensure that households with more than $100 million in wealth pay at least 20 percent of their annual income in income tax. That...

President’s Budget Would Provide More Vouchers to Help Families With Rising Housing Costs

President Biden’s 2023 budget proposes to expand and strengthen the Housing Choice Voucher program, the nation’s most important source of assistance to help people with low incomes afford...

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Policy Basics

The budget details what the federal government will spend on particular programs and how it will finance that spending.

Experts