Archives: Budget Digests

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Reconciliation - Part 3

Reconciliation is important because it is the only legislative means by which a Republican majority can send a bill to the President that repeals Obamacare.

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Fiscal Year 2015 Budget Results

Total taxes collected were $3.25 trillion in fiscal year 2015, which was a $229 billion increase (+7.6%) vs. 2014 as shown in...

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The Debt Limit

Daily payments coming due can reach as high as $60 billion, which could leave the Treasury unable to make some payments unless the debt limit is increased.

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Reconciliation - Part 3

Reconciliation is important because it is the only legislative means by which a Republican majority can send a bill to the President that repeals Obamacare.

Read More