Budget Process

In a blog earlier today, we endorsed a very short-term debt ceiling increase if it allowed time for the Gang of Six plan to be passed. We floated this...

Despite broad enthusiasm for the Gang of Six proposal released yesterday, some have argued that there isn't enough time to put it into law. Senator...

If you are following the machinations over raising the nation's debt limit, you know that both political parties expect much of the progress on the...

Yesterday, nearly five hundred business leaders and organizations sent a letter to the President and members of Congress joining the chorus of other...

The budget and debt-limit negotiations are approaching the 11th hour. Congressional leaders and the President continue negotiating over a deficit...

Update 7/15: S&P has joined Moody's in issuing new warnings to the United States. Putting the country on "negative watch," S&P warned that it could...

CRFB has been calling pretty much continuously for a debt reduction package which puts everything on the table, addresses entitlement spending growth...

At a press briefing yesterday, President Obama invited Congressional leaders of both parties to the White House tomorrow to continue ongoing debt...

Yesterday CRFB President Maya MacGuineas appeared on Bloomberg Television to talk about how imperative it is to address our dire fiscal outlook while...

Last week the Economist published an article entitled America's debt ceiling: The mother of all tail risks. This article explains what could happen if...

Despite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...