goBig on Federal Deficit Reductionlogo

The Committee for a Responsible Federal Budget -- along with many other lawmakers, business leaders, former government officials, and organizations -- is calling on the Joint Select Committee on Deficit Reduction (Super Committee) to go beyond its current mandate of just $1.5 trillion in savings over the coming decade. In order to stabilize and reduce debt as a share of the economy, lawmakers will have to be bolder and "Go Big."

goBIG VIDEOS view all

    U.S. Budget Watch 2012

    CRFB Kicks Off National Debt Tour

    Analysis of CBO Budget Projections & CRFB Realistic Baseline

    Deficit Reduction Plan Comparison Tool

U.S. Budget Watch 2012
U.S. Budget Watch 2012

 

On Thursday, February 23, CRFB will unveil a comprehensive analysis of the budget impact of campaign proposals made by the Republican presidential candidates.

 

Please join us that morning from 9:30-11:00 AM for the release of the analysis as well as a discussion of how this election can promote a constructive debate on the fiscal challenges facing the country.

 

Event Details
CRFB Kicks Off National Debt Tour
CRFB Kicks Off National Debt Tour

 

Yesterday in Boston, CRFB kicked off a national tour of policymakers, fiscal experts, and business leaders as part of the national Go Big campaign pushing for a major deficit reduction deal in 2012.

 

Yesterday's event was held at the Institute of Politics at Harvard University -- click here for more information. 

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Analysis of CBO Budget Projections & CRFB Realistic Baseline
Analysis of CBO Budget Projections & CRFB Realistic Baseline

 

CRFB's latest paper looks at the CBO baseline, discussing the agency's latest budget and economic projections and updating the CRFB Realistic Baseline to give a more realistic view of where the country is headed.

 

Read the Paper
Deficit Reduction Plan Comparison Tool
Deficit Reduction Plan Comparison Tool

 

CRFB's deficit-reduction plan comparison tool provides side-by-side comparisons of the many deficit reduction plans that have been developed.

 

We're thrilled with the many comprehensive plans that have sprung up over the last year, and our website is a great way to track and compare them.

 

Visit the Website

Reports

February 16, 2012
Analysis of the President's FY 2013 Budget
January 31, 2012
Analysis of CBO's Budget and Economic Projections and CRFB's Realistic Baseline
January 25, 2012
What We Hope to See From the Extensions Conference Committee
January 24, 2012
Maya MacGuineas Testimony Before House Rules Subcommittee on Legislative and Budget Process for Biennial Budgeting
December 15, 2011
The 12 Principles of Fiscal Responsibility for the 2012 Campaign
More publications

Press Releases

February 14, 2012
Don't Put Off the Offsets
February 13, 2012
CRFB Reacts to the President's FY 2013 Budget
January 31, 2012
CRFB Reacts to CBO's Latest Budget Projections
January 26, 2012
Debt Ceiling Raised, But No Plan to Curb Future Debt
January 24, 2012
CRFB Reacts to the State of the Union
more press releases

Featured CRFB Content

The 12 Principles of Fiscal Responsibility for the 2012 Campaign

 

"GO BIG" Page

 

 

CRFB's Realistic Baseline (updated)

 

 

Overlapping Policies & Estimated Savings Across Fiscal Plans

Deficit Reduction Plan Comparison Tool

 

 

Budget Slideshow: Averting a Fiscal Crisis

 

See All Reports

CRFB's Blog: The Bottom Line

February 21, 2012
What Would the GOP Candidates do to the DEBT? Find out Thursday at CRFB

President Obama’s campaign made a splash this morning with their claims that Rick Santorum and Mitt Romney would dramatically increase the national debt as president.

Read More
February 21, 2012
CRFB Kicks Off National Debt Tour Today at Harvard

Update: Watch the live stream below.

Today in Boston, CRFB kicks off a national tour of policymakers, fiscal experts, and business leaders as part of the national “Go Big” campaign pushing for a major deficit reduction deal in 2012.

Read More
February 20, 2012
Line Items: Presidential Edition
A Weekly Update on Budget and Fiscal Policy Developments and a Look Ahead

Happy Presidents Day – As we honor those who have led this country, the race to become the next in that line is becoming more heated. And federal budget and fiscal issues are at the heart of the campaign. Voters consistently rank deficits/debt as the second most important issue, and it is closely tied to the top issue – economy/jobs. The decisions made now towards aiding the recovery could have a significant effect on the long-term budget outlook, and fiscal decisions will impact the economy.

Read More
February 20, 2012
Going Long: OMB's 75-Year Projections

In our paper on the President's budget, we noted that the budget would only temporarily stabilize the debt as a percent of GDP. In fact, it would rise from roughly 77 percent in 2022 to 93 percent in 2035 and about 125 percent in 2050. Where did those numbers come from?

Read More
more blog posts
 

Let's Get Specific

The Let’s Get Specific series is intended to help focus the national discussion on specific policies that could help reduce the deficit and create a better understanding of the types of policy changes that will be required.

 

Let's Get Specific: Tax Expenditures

Let's Get Specific: Social Security

Let's Get Specific: Health Care

 

Read More

 

May 19, 2010
As Congress Sidesteps Budget, You Can Step In

CRFB encourages you to check out our budget simulator: Stabilize the Debt!

It's no secret that America's finances are a mess. The problem of our mounting debt can't be solved overnight, but we need to start addressing it now. In this online simulator, visitors get to make the hard choices themselves in order to stabilize the debt at 60% of GDP by 2018.

begin the simulation
June 16, 2011
CRFB Unveils Fiscal Plan Comparison Website!

Check out CRFB's Fiscal Plan Comparison Tool!

The Comparison Tool is an interactive website that allows users to compare up to 3 fiscal plans side-by-side. A countless number of budgets or fiscal plans have been released in the past year and a half, and our new website is an easy way to compare and keep track of them.

View the Grid

CRFB Projects

Moment of Truth Project

The Moment of Truth (MOT) project is a non-profit, non-partisan effort that seeks to foster honest discussion about the nation’s fiscal challenges, the difficult choices that must be made to solve them, and the potential for bipartisan compromise that can move the debate forward and set our country on a sustainable path.

Visit Site
Go Big

CRFB - along with many other lawmakers, business leaders, former government officials, and organizations - is calling for Congress and the White House to "Go Big" to enact savings sufficeint to stabilize and reduce debt as a share of the economy.

Go Big Resources
Peterson-Pew Commission on Budget Reform

The bipartisan Peterson-Pew Commission is made up of the country's most seasoned federal budget policymakers. The commission is supported by the Peter G. Peterson Foundation and The Pew Charitable Trusts.

VISIT SITE

 

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Full List of Events