Policy Briefings

H.R. 3746, the Fiscal Responsibility Act of 2023

Overview A complete primer on the debt limit from the Governing Majority Education Fund is available here: https://governingmajorityeducation.org/u-s-debt-limit-a-policy-primer/. The debt limit, or debt ceiling, is the maximum amount of money the federal government...

U.S. Debt Limit: A Policy Primer

What is the federal debt limit? The debt limit, or debt ceiling, is the maximum amount of money the federal government can borrow to pay its existing legal obligations. The federal government reached the debt limit on January 19, 2023, and the U.S. Department of the...

Policy Briefing: Appropriations Bill H.R. 2471

Every year, Congress decides where taxpayer funds shall be appropriated. The most recent appropriations bill, H.R. 2471 passed with bipartisan support in the House and Senate. The package included a number of important policy and funding provisions that are...