The House and Senate have passed their respective budgets after a dramatic showing from GOP leadership in the House Tuesday evening, but both still need to be negotiated between the two chambers.

The adage “if you are in a hole, stop digging” aptly applies to the federal budget outlook. Left unchanged, the current federal budget is projected to see increasing debt and deficits well into the ...

Congressional passage of the massive budget reconciliation measure, H.R. 1, in July set in motion a new federal-state fiscal dynamic—and states are moving fast to adapt. The law reshapes three policy ...

WASHINGTON—The Heritage Foundation today welcomed Daniel Kowalski as the Director of the Grover M. Hermann Center for the Federal Budget. Operating within the Thomas A. Roe Institute for Economic ...