Policymakers are considering enacting several new tax cuts on top of the Tax Cuts and Jobs Act (TCJA) extension in the forthcoming reconciliation bill, including no taxes on tips, Social Securi ...

The Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 ...

The Department of Education announced yesterday a multi-pronged plan to restart collections on defaulted loans and begin an outreach campaign to federal student loan borrowers that they need to ...

The concurrent budget resolution for Fiscal Year (FY) 2025, adopted by the House last week and the Senate the week prior, ...

Congress’ concurrent budget resolution includes reconciliation instructions to allow lawmakers to pass a bill that a ...

The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that set up trillions of dollars in additional ...

Additionally, reporting indicates that some committees will soon begin marking up their portions of the reconciliation bill. In the House, the Energy and Commerce Committee and the Agriculture ...

The House of Representatives just voted to adopt the Senate-amended Fiscal Year (FY) 2025 concurrent budget resolution, making it a concurrent resolution that unlocks fast-track reconciliation ...

The United States borrowed $596 billion from January through March 2025 – up $41 billion from January through March 2024, according to the latest Monthly Treasury Statement from the Treasury ...

The Senate’s proposed concurrent Fiscal Year (FY) 2025 budget resolution would allow policymakers to add $5.8 trillion to primary deficits through 2034 via a reconciliation package. Such a bill would ...

Sources: Committee for a Responsible Federal Budget estimates mainly based on data from the Congressional Budget Office (CBO) and U.S. Census Bureau. President Trump’s enacted “reciprocal tariffs” are ...