Q&A: Everything You Should Know About Government Shutdowns
The new fiscal year (FY) will begin on October 1, 2021, and Congress has so far enacted none of the 12 appropriations bills setting discretionary...
Papers |
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
Aug 31, 2021 | Health Care
Analysis of the 2021 Medicare Trustees' Report
The Social Security and Medicare Trustees released their annual reports on the long-term financial state of those programs. The reports are the first...
Aug 31, 2021 | Social Security
Analysis of the 2021 Social Security Trustees' Report
Today, the Social Security and Medicare Trustees released their annual reports on the long-term financial state of the Social...
Aug 13, 2021 | Budget Process
Reconciliation 101
What is reconciliation?
How do reconciliation instructions work?
Can a reconciliation bill add to the budget deficit?
What is...
Jul 28, 2021 | Budgets & Projections
Q&A: Everything You Should Know About the Debt Ceiling
The federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury Department will begin using...
Jul 26, 2021 | Health Care
Injecting Price Competition into Medicare Part B Drugs
Medicare Part B, which covers outpatient physician services, pays for physician-administered drugs by reimbursing physicians the average cost for...
Jul 26, 2021 | Health Care
Limiting Evergreening for Name-Brand Prescription Drugs
To encourage medical innovation, the Food and Drug Administration (FDA) grants temporary market exclusivities to new brand name drugs. These...
Jul 20, 2021 | Budgets & Projections
Five Reasons to Pay for New Investments
Congress and the Administration are currently negotiating and developing legislation to invest in physical infrastructure, education, and other areas...
Jul 14, 2021 | Taxes
Chartbook: Reducing the Tax Gap
One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap.” The tax gap is the...
Jul 1, 2021 | Budgets & Projections
Analysis of CBO's July 2021 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released initial details of its updated Budget and Economic Outlook, accounting for enactment of...