News

Budget Digests

Filter News by Type:
Filter News by Date:
All
Filter News by Issue:
All

Status of FY 2019 Appropriations Bills

According to the Budget Act, the House may begin consideration of appropriations bills on May 15 for the following fiscal year. By June 10, the House Appropriations Committee must report out the last of the 12 appropriations bills. The House must then consider and complete action on all the bills by June 30.

Read More

Committee Approves FY 2019 Budget Resolution

The most important role of the House Budget Committee each year is to produce a budget resolution that establishes an overarching budget blueprint for the federal government. Last week, the Committee fulfilled its duty and passed a balanced and responsible plan for fiscal year (FY) 2019.

Read More

Introducing Budget for a Brighter American Future

Budget for a Brighter American Future reflects a balanced and responsible vision that further promotes economic growth and confronts the real fiscal challenges casting a shadow of doubt on the future.

Read More

A Fiscally Responsible Step

Last week, the House passed H.R. 3, the Spending Cuts to Expired and Unnecessary Programs Act, which mirrors President Donald Trump’s rescissions request recently transmitted to Congress.

Read More

Federal Trust Funds 101

It is not a matter of if, but when. Without significant reform to save Medicare and Social Security, these programs will become insolvent and will fail.

Read More

Rescissions 101

A rescission is the permanent cancellation of previously enacted budget authority, which eliminates the Administration’s ability to spend a specific amount of money on a specified program.

Read More

Reconciliation 101

Triggered by the adoption of a concurrent budget resolution, reconciliation is a powerful tool in the budget process.

Read More

Building a Budget Resolution

As a concurrent resolution, the budget resolution provides Congress with a framework for the subsequent consideration of spending and tax legislation.

Read More