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The U.S. budget resolution and its impact on spending and tax policies.
Despite widely reported headline cuts to nondefense discretionary accounts under the and continuing resolutions, several discretionary lines grew in fiscal 2025 — most prominently defense (a multibill...
in FY2025 materially altered the federal budget’s arithmetic by expanding the share of spending devoted to servicing debt and compressing the room for discretionary programs, even as statutory caps an...
Congress has recently taken visible steps to constrain President Trump’s actions—most notably advancing a bipartisan war powers resolution in the Senate that would require congressional approval befor...