Federal lawmakers will face several key fiscal policy deadlines in 2025. These deadlines include, but are not limited to, the federal government’s debt limit taking effect in January 2025; the end of the current spending caps on the federal government’s annual budget in September 2025; the sunsetting of enhanced health care marketplace subsidies, which provided an estimated $38.4 million to Granite Staters in 2023 to help them afford individual health coverage, at the end of 2025; and the expiration of key components of the 2017 Tax Cuts and Jobs Act (TCJA) after December 2025.