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The Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the. The table below is a comprehensive tally of each provision included in the Senate bill, along with a deficit ...
The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed ...
Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...
The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...
The Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-pa ...
The bill does not include any significant direct changes to Social Security and Medicare, since the reconciliation Byrd rule ...
Note: the Joint Committee on Taxation (JCT) has put together a current law score of the Senate Finance Committee tax ...
In addition to adding an extra $1.1 trillion to the national debt above the House bill to a total of over $4.1 trillion, the Senate-passed One Big Beautiful Bill Act (OBBBA) added a massive but ...
The Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing the bill would add a ...
Instead of offering larger SALT giveaways with new timing gimmicks, the Senate should consider a lower SALT cap and stronger limits on the deduction. As we’ve written elsewhere, additional limits on ...
The White House Council of Economic Advisers (CEA) released a report today claiming the Senate’s proposed version of the One ...
As it currently stands, the Senate reconciliation bill is likely to add $3.5 to $4.2 trillion to the debt through Fiscal Year (FY) 2034, based on our estimates.