This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

Republicans have also begun to plot out their legislative agenda for two budget reconciliation ... a day after the House. The post Congressional schedule for 2025 is set with Senate releasing ...

The congressional budget process is meant to last from early February to the end of June, but recent years have seen delays at each stage, particularly in passing congressional budget resolutions and ...

"Democratic lawmakers ... made it clear they're going to push back against several of the executive orders affecting federal employees," said Mitchell Miller.

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The Biden administration’s sweeping federal student loan forgiveness plan will cost an estimated $400 billion over the next three decades, according to a Congressional Budget Office (CBO ...

the Congressional Budget Office provided a dour forecast. Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade ...

The 80th Congress returned to Washington this week to face its fateful calendar. Some of the big ... on the federal budget. But, aside from counseling the Congress against immediate tax reductions ...

The House and the Senate use reconciliation to navigate decisions on spending, taxes, and budget deficits. It's especially powerful in the Senate because it allows a simple majority of 51 votes ...

The Congressional Budget Office says that the amount of federal debt held by the public is going to rise much higher than the Gross Domestic Product by 2035. The nonpartisan CBO released its ...