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Excerpt
March 2025, Opinion: "The House of Representatives narrowly passed a budget resolution last month that included a framework for trillions of dollars of tax cuts and government spending cuts. Over the coming months, the House and Senate will try to agree on a common budget resolution. We asked Doug Elmendorf—the Lucius N. Littauer Professor of Public Policy, former director of the U.S. Congressional Budget Office, and former dean of ÌÇÐÄvlog¹ÙÍøâ€”to explain what the House-passed budget resolution contains, what the implications are, and what happens next."