Videos

Congressional Budget Office Director Phillip Swagel testified before the House Budget Committee on the U.S. budgetary and economic outlook. He said the federal deficit was projected to grow …

Office of Management and Budget Director Shalanda Young testified before the House Budget Committee on President Biden’s fiscal year 2025 budget request. She touted the successes of the admi…

“I believe we have reached a defining moment. Our fiscal affairs are completely off track … we are off in the weeds, and we’ve got to get back on track,” said former Sen. Kent Conrad (D-ND, …

The House Rules Committee considered H.R. 3746, the debt limit-federal spending bill, which was negotiated between House Republican leadership and the White House. In this portion, the commi…

House Democratic Caucus Chair Pete Aguilar (D-CA) and the ranking members of the Ways and Means and Budget committees spoke to reporters about the Republican debt limit bill and other issues…

The House Rules Committee debated a Republican bill that would tie an increase in the nation’s debt limit to cuts in spending. The Republican majority said their bill was the “responsible wa…

Speaker Kevin McCarthy (R-CA) and House Republican leaders held a news conference after receiving a bipartisan briefing from the Congressional Budget Office (CBO). The briefing occurred amid…

Former White House Budget Director Mick Mulvaney (Trump administration, 2017-20) said, “The rules are not broken. Congress is broken,” referring to the federal debt limit. His comments came …

Congressional Budget Office Director Phillip Swagel testified before the House Budget Committee on his agency’s updated budget report and the economic outlook for the country. Several topics…

Treasury Secretary Janet Yellen testified at a House Ways and Means Committee hearing on her department’s fiscal year 2023 budget request. The topic of high inflation dominated questioning a…

Office of Management and Budget (OMB) Dir. Shalanda Young appeared before the House Budget Committee to testify on President Biden’s fiscal year 2023 budget proposal and priorities. Director…

In a vote of 219-212, the House voted to suspend the debt ceiling through December 16, 2022. Democratic Representatives Golden (ME) and Schrader (OR) voted “no.” Republican Representative Ki…

The House Budget Committee continued work on the fiscal year 2022 budget reconciliation bill, focusing on procedural and other “housekeeping” motions. Members earlier voted to move the bill …

Representative Brendan Boyle (D-PA) talked about divisions among congressional Democrats on infrastructure and reconciliation legislation and looming government funding and debt limit deadli…

The House Ways & Means Committee debated the 2022 budget reconciliation bill.

The House Ways and Means Committee met to mark up and debate the fiscal year 2022 budget reconciliation bill, including amendments related to universal paid family leave and retirement plan …

Lawmakers on the House Budget Committee heard testimony about limiting executive power and Congress' authority of budgetary spending. Constitutional experts responded to questions about exec…

Treasury Secretary Janet Yellen testified on the department’s proposed fiscal year 2022 budget before the House Ways and Means Committee. A variety of topics were discussed, including invest…

Health and Human Services Secretary Xavier Becerra testified on the fiscal year 2022 budget request for the agency. Topics he engaged with lawmakers on included the impact of unaccompanied m…

Shalanda Young, acting White House budget director, testified on President Biden’s fiscal year 2022 request before the House Budget Committee. Lawmakers and Ms. Young engaged on a variety of…