Taken together, the two bills are likely to add trillions of dollars to the debt and set the stage for hundreds of billions or trillions more if expiring provisions are extended.

Committee recently released its proposed reconciliation legislation, which is expected to save over $900 billion through 2034 to help finance the broader reconciliation bill. In a separate piece we ...

The 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on ...

At the same time, the draft would temporarily boost the standard deduction by an additional $1,000 to $2,000 for four years and boost the Child Tax Credit by an additional $500 (from $2,000 to $2,500) ...

The federal budget deficit totaled $2.0 trillion over the past 12 months based on estimates from the Congressional Budget ...

The Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 ...

Yesterday the House Education and Workforce Committee released its part of the House reconciliation package, w ...

Policymakers are considering an extension of expiring parts of the Tax Cuts and Jobs Act (TCJA) as part of a reconciliation ...

The bill was designed with long-time recommendations from the Medicare Payment Advisory Committee (MedPAC) in mind. Specifically, this bill directs the Secretary of Health and Human Services to ...

The federal tax code includes numerous provisions related to energy use and production, provisions which grew dramatically in size and number as a result of the ...

The federal government spent $2.4 trillion from January through April 2025 – up $166 billion from January through April 2024, according to ...

Accordingly, we are deeply concerned about the direction reconciliation plans are moving in and strongly oppose any approach that would add to the national debt. This is a moment to reduce the debt, ...