Interior of US Capitol dome
All Topics

Budget Reconciliation

Ongoing analysis of the budget process in Congress.

US Capitol Rotunda Dome Interior
Scores
Combined Distributional Effects of the One Big Beautiful Bill Act and of Tariffs
US Capitol Exterior Night
Scores
Long-term Impacts of the One Big Beautiful Bill Act, as Enacted on July 4, 2025
Form 1040 with a pen and calculator
Analysis
New Tax Breaks in the Reconciliation Bill Would Reverse Much of the TCJA's Progress Toward Horizontal Equity
US Capitol and Treasury Buildings
Scores
The Financial Cost of the Senate-Passed Budget Bill
US Capitol Rotunda Dome
Analysis
Tax Provisions in the Reconciliation Bill: Combined Distributional Impacts
US Capitol and Street Exterior Night
Analysis
Distributional Effects of Selected Provisions of the House and Senate Reconciliation Bills
Interior of US Capitol dome
Scores
The Financial Cost of the Senate Budget Bill’s Tax Provisions
Default Publication
Analysis
Standalone Distributional Effects of Major Tax Provisions in the Reconciliation Bill: Comparing House and Senate Versions
US Capitol Exterior
Analysis
Combined Distributional Effects of the One Big Beautiful Bill Act and of Tariffs
The One Big Beautiful Bill Act increases the deficit and drives interest rates higher.
Analysis
Interest Costs Associated with the One Big Beautiful Bill Act
Interior of US Capitol dome
Scores
Long-term Impacts of the One Big Beautiful Bill Act
US Capitol and Treasury Exterior
Scores
The Financial Cost of the House-Passed Budget Bill