Federal Budget

Budget Plans Budget Outlook Budget Process

Report

House Republicans’ Pledge to Cut Appropriated Programs to 2022 Level Would Have Severe Effects, Particularly for Non-Defense Programs

February 1, 2023 | Joel Friedman and Richard Kogan

House Republicans reportedly pledged to cut programs funded by annual appropriations in 2024 back to their 2022 levels as part of the deal to elect Rep. Kevin McCarthy as Speaker. The required cuts to important domestic needs would be deep under any likely scenario that meets their pledge, and would hit programs still feeling the after-effects of a decade of austerity.

Debt Limit Threats Would Put the Global Economy at Risk

October 24, 2022

Report

Rebuilding IRS Would Reduce Tax Gap, Help Replenish Depleted Revenue Base

December 16, 2022

Blog

After Years of Budget Cuts, Increased Funding Would Help Social Security Administration Restore Staff and Improve Customer Service

November 18, 2022

Statement

Important Investments, Significant Disappointments in Year-End Legislation

December 20, 2022 | Sharon Parrott

Blog

House Republican Rules Package Designed to Enable Skewed Priorities

January 11, 2023 | Joel Friedman

Report

Introduction to Budget “Reconciliation”

May 6, 2022 | Richard Kogan and David Reich

Resource List

Puerto Rico Fiscal Policy

New on this Topic

Commentary

State of the Union, Budget Offer Opportunities to Put Forward Vision for Stronger, More Prosperous Nation

February 2, 2023

Blog

Congress Should Finish 2023 Appropriations Now, Rather Than Punting Until the Next Session

December 2, 2022

Blog

Puerto Rico Risks Health Care, Fiscal Crisis Without Medicaid Fix This Winter

September 29, 2022

Blog

Puerto Rico enfrenta una crisis médica y fiscal si no hay ajustes para Medicaid en invierno

September 29, 2022

Blog

Congress Should Include a Supplemental Appropriation for Low-Income Home Energy Assistance in Stopgap Government Funding Bill

September 21, 2022

Blog

Social Security Administration Needs Boost in Continuing Resolution to Avoid Customer Service Crisis

September 14, 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?

¿Cómo se distribuye el dinero de los impuestos federales que pagan los contribuyentes?

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Sharon Parrott

President

State of the Union, Budget Offer Opportunities to Put Forward Vision for Stronger, More Prosperous Nation

The State of the Union address and the forthcoming President’s budget are opportunities for the President to lay out a vision of the country we want to be and the policy changes that will help us...

House Republicans’ Pledge to Cut Appropriated Programs to 2022 Level Would Have Severe Effects, Particularly for Non-Defense Programs

House Republican Rules Package Designed to Enable Skewed Priorities

The House Republican majority recently adopted a rules package to guide that chamber’s legislative action that would put up steep barriers to investments in critical national needs while paving the...

Important Investments, Significant Disappointments in Year-End Legislation

Finalizing a year-end omnibus bill is an important accomplishment for Congress, and the bipartisan bill released today includes several key investments, including significant, permanent advances in...

Congress Should Finish 2023 Appropriations Now, Rather Than Punting Until the Next Session

Before ending its session, Congress should finish appropriations for fiscal year 2023, which began on October 1, by enacting a comprehensive bill (known as an omnibus), rather than enacting a...

Déficits, Deuda e Interés

Read in English Déficits (o superávits) El déficit en el presupuesto del gobierno federal es la cantidad de dinero que el gobierno federal gasta (que también se conoce como...

After Years of Budget Cuts, Increased Funding Would Help Social Security Administration Restore Staff and Improve Customer Service

As Congress works to fund the government for fiscal year 2023, policymakers should significantly increase funding for the Social Security Administration (SSA). In the continuing resolution (CR) that...

¿Cómo se distribuye el dinero de los impuestos federales que pagan los contribuyentes?

Para el año fiscal 2022, se estima que el gobierno federal gaste $5.8 billones, equivalente al 23.5 por ciento del producto interno bruto del país (PIB). De esos $5.8 billones, se estima que los...

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...

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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.

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