Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
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 ...
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 ...
That sort of Republican budget drama is a constant threat to Johnson's speakership. Trump wants them to run before they walk, but what if the hard-right Republicans slow it all to a crawl? Just ...
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 ...
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 ...
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 ...