Committee for a Responsible Federal Budget

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Could Reconciliation Deliver a Tax Cut to the Rich?

While much of the discussion surrounding the Build Back Better reconciliation package has focused on tax increases on the rich , the final...

Treasury: 2021 Deficit Was $2.8 Trillion

The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2021, showing a $2.8 trillion deficit for the year and...

Don’t Take Reconciliation Offsets Off the Table

For Immediate Release As lawmakers continue to negotiate their Build Back Better reconciliation plan, reports indicate growing objections to a number...

A $2.8 Trillion Budget Deficit

For Immediate Release The Congressional Budget Office released its final monthly budget review of fiscal year (FY) 2021 today, concluding the budget...

FY 2022 Reconciliation Tracker

Last Updated: 9/27/2021 Budget reconciliation is underway ( read more about the full process here ), with House and Senate lawmakers crafting a...

No Score, No Vote: House Should Not Vote on Reconciliation Without a Score

For Immediate Release Speaker Nancy Pelosi (D-CA) recently called for the House of Representatives to pass its reconciliation bill, the Build Back...

Reconciliation Unlikely to Produce $600 Billion in Dynamic Revenue

Policymakers are claiming their $3.5 trillion reconciliation package will be fully paid for by counting on $600 billion of dynamic feedback on top of...

Five Ways to Improve the FY 2022 Reconciliation Package

Congress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden has made the...

Better Targeting in Reconciliation

As lawmakers negotiate the details of their reconciliation package , they will need to scale back some of their ambitions to prevent arbitrary policy...