Report
Biden Budget Provides Good Starting Point for Fiscal Year 2022 Appropriations Bills
The Biden budget departs sharply from the last decade of austerity.
Federal Budget
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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.
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.
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Parrott: House Takes Historic Step; Senate Should Get Build Back Better Across Finish Line Without Delay
The House vote brings us a critical step closer to delivering policy advances that help families meet everyday challenges such as paying rent and putting food on the table, affording child care and...
Build Back Better Investments Are Fiscally Sustainable
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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...
Parrott: House “Build Back Better” Legislation Would Advance Economic Justice and Racial Equity
The “Build Back Better” legislation approved by House committees includes groundbreaking investments to address problems that have plagued our nation for...
Proposed Targeted Housing Voucher Expansion Is Critical to Housing Stability for People With Greatest Barriers
Congress should enact the historic investments in rental assistance for people with the lowest incomes that the House Financial Services Committee advanced as part of the economic recovery package....