Committee for a Responsible Federal Budget7h
Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt ceiling, the House and Speaker's plan for a reconcili ...
Committee for a Responsible Federal Budget7h
Maya MacGuineas on Bloomberg's "Balance of Power"
Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt ceiling, the House and Speaker's plan for a reconcili ...
Committee for a Responsible Federal Budget7h
CBO’s “Other Mandatory” Savings Options
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining 76 policy opt ...
Committee for a Responsible Federal Budget7h
Budget Resolution Should Provide a Plan for Realistic Debt Reduction
Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent budget resolution that includes reconciliation instructions in order to ...
Committee for a Responsible Federal Budget6d
Chris Towner: It’s Time To Get Serious About The Federal Budget Deficit
Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Carolina Journal, an excerpt of which is below.
Committee for a Responsible Federal Budget8d
Top 13 Fiscal Charts of 2024
It was a busy year for fiscal policy in 2024, with a big focus on the presidential election. In addition to releasing a few major papers, we also wrote our usual analyses of major budget reports and ...
Committee for a Responsible Federal Budget27d
Senate Will Soon Vote on Speeding Up Social Security Insolvency
Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November. This bill would repeal the Windfall ...
Committee for a Responsible Federal Budget26d
Typical Couple Will Lose $25,000 of Social Security from WEP/GPO Repeal
Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Not only would this repeal unfairly expand windfall benefits by ...
Committee for a Responsible Federal Budget29d
TCJA Extension Might Not Pay for Any of Itself
Despite claims that tax cuts pay for themselves, analyses from across the political spectrum have found that the economic effects of extending the expiring parts of the Tax Cuts and Jobs Act (TCJA) ...
Committee for a Responsible Federal Budget1mon
CBO Estimates $622 Billion Deficit for First Two Months of Fiscal Year 2025
The United States borrowed $622 billion in the first two months of Fiscal Year (FY) 2025, including $365 billion in the month of November, according to the latest Monthly Budget Review from the ...
Committee for a Responsible Federal Budget23d
Statement on the Passing of John Spratt
Congressman John Spratt, a former longtime Representative from South Carolina and a member of the Committee for a Responsible Federal Budget, died Saturday at the age of 82. The following is a ...