The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

FIRST ON FOX: The conservative House Freedom Caucus has released a proposal for Republicans' planned conservative policy ...

Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent ...

Reconciliation is a two-stage process in which reconciliation instructions are included in the budget resolution directing ...

Russell Vought, U.S. President-elect Donald Trump’s nominee to be director of the Office of Management and Budget, testifies ...

Virginia Republican Rep. Rob Wittman has reintroduced legislation to “hold members of Congress accountable and bring ...

As the name suggests, budget reconciliation ... an intensive review process, an outcome that has stymied both parties in the past. Review of the legislation is done by congressional experts ...

The budget resolution that Congress will write in the coming weeks should do just that. Budgets are meant to provide a ...