• Topic: Budget
• Type: Primers

Budget Policy Deadlines

Upcoming Fiscal Policy Inflection Points, 2026 through 2034

A calendar of statutory expirations, authorizations, and program changes scheduled across the federal budget.

2026

July 4 One year prohibition on large abortion providers such as Planned Parenthood expires
September 30 Full-year appropriations lapse, shutdown could begin
September 30 Infrastructure Investment and Jobs Act (IIJA) surface transportation authorization expires
September 30 Farm Bill programs (that were not already extended by the OBBB) expire
September 30 Food Stamp authorization expires; payments may be made for 30 additional days
September 30 Temporary Assistance for Needy Families (TANF) and Flood Insurance Program authorizations expire
October 1 Food Stamp administrative cost sharing transitions to 25% federal, 75% state
December 31 Certain health policy extensions expire
December 31 Export-Import (Ex-Im) Bank authorization expires
December 31 Medicare physician 2.5% payment rate increase expires
December 31 CHIPS Act Advanced Manufacturing Investment tax credit expires

2027

January 1 Medicaid community engagement requirement for able-bodied adults begins
January 1 IRA price controls for 15 additional Medicare Part D drugs takes effect
July 1 $800 de minimus customs exception for Commercial Shipments is repealed
Mid to late 2027 $41.1 trillion debt limit X-Date reached
September 30 Food and Drug Administration (FDA) user fees expire
September 30 Maternal, Infant, & Early Childhood Home Visiting programauthorization expires
October 1 Food Stamp state matching funds requirement begins based on improper payment rates
October 1 Medicaid provider tax safe harbor threshold begins to phase down for expansion states (5.5% in FY 2028)
December 31 Clean Hydrogen Production credit expires
December 31 Wind and Solar Production and Investment tax credits expire for projects that commence construction after July 4, 2026, and have not yet been placed in service
December 31 Certain health policy extensions expire

2028

January 1 Existing Medicaid state-directed payments must begin phasing down10% each year until applicable limit is reached
January 1 IRA price controls for 15 additional Medicare drugs take effect
September 30 Federal Aviation Administration (FAA) Authorization expires
October 1 Medicaid provider tax safe harbor threshold phases down for expansion states (5% in FY 2028)
October 1 Medicaid co-pay requirement for expansion adults begins
December 31 Radiation Exposure Compensation Act (RECA) expires
December 31 New OBBB tax benefits expire: No Tax on Tips, No Tax on Overtime, No Tax on Car Loan Interest, Additional Senior Deduction, government contribution to Trump Account for newborn children
December 31 Tax expensing ends for new factories that have not commenced construction

2029

January 1 IRA price controls for 20 additional Medicare drugs takes effect
September 30 U.S. Customs and Border Patrol (USCBP) and Immigration and Customs Enforcement (ICE) funding from Secure America Act reconciliation bill expires
September 30 Defense and Border Security funding from the One Big Beautiful Bill expires
October 1 Medicaid provider tax safe harbor threshold phases down for expansion states (4.5% in FY 2030)
December 31 Clean Fuel Production tax credit expires
December 31 Expanded $40,000 State and Local Tax deduction (SALT) expires, reverts to $10,000

2030

January 1 IRA price controls for 20 additional Medicare drugs take effect
July 4 Wind and Solar projects that commence construction prior to July 4, 2026, must be placed in service to qualify for Production and Investment tax credits
October 1 Medicaid provider tax safe harbor threshold phases down for expansion states (4% in FY 2031)
October 1 OBBB Rural Health Transformation Program expires ($50B fund)

2031

January 1 IRA price controls for 20 additional Medicare drugs take effect
October 1 Medicaid provider tax safe harbor threshold phases down for expansion states (3.5% in FY 2032 and subsequent years)
December 31 Farm Bill commodity and dairy programs extended by OBBB expireafter 2031 crop year, would revert to “permanent law” subsidy programs

2032

January 1 IRA price controls for 20 additional Medicare drugs take effect
Fourth Quarter Social Security (OASI) Trust Fund depleted (Trustees and CBO projection), benefits reduced by about 22%

2033

January 1 IRA price controls for 20 additional Medicare drugs take effect
Second Quarter Medicare Hospital Insurance (HI) Trust Fund depleted (Trustees projection), reimbursements reduced by 11%

2034

January 1 IRA price controls for 20 additional Medicare drugs take effect
September 30 Moratorium on Biden Medicaid and CHIP eligibility rules ends(restrictions on state eligibility verifications would come back into effect)

Updated June 16, 2026. This document updates the Economic Policy Innovation Center’s Upcoming Fiscal Policy Inflection Points.

Matthew Dickerson
Senior Fellow in Budgetary Analysis

Matthew Dickerson is recognized as a leading expert on fiscal policy issues, including the budget, appropriations, and economic opportunity. He brings more than a dozen years of Capitol Hill experience as well as management roles at leading policy institutions.

Dickerson was previously the Director of Budget Policy at the Economic Policy Innovation Center (EPIC).

In other previous roles, he served as Senior Policy Advisor on the House Budget Committee, where he helped lead development of the fiscal year 2024 Reverse the Curse budget resolution. He was Director of The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget. Dickerson was Policy Director of the Republican Study Committee and served as Legislative Director for the late Congressman C.W. Bill Young, former Chairman of the House Appropriations Committee.

Dickerson has written hundreds of publications, testified before Congress, and advised lawmakers and stakeholders on the federal budget process.

Dickerson is also founder and President of Baseline Policy, where he provides federal fiscal policy research and analysis.

Dickerson is a graduate of the College of William and Mary in Virginia and holds a Bachelor of Arts in Government and History.

Topics: Budget

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