Debt Ceiling
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Upcoming Congressional Fiscal Policy Deadlines
Updated 12/18/2024: The President signed a Continuing Resolution on September 26, 2024, that runs through December 20, 2024. Lawmakers will need to...
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House Lawmakers Reintroduce Debt Ceiling Reform Legislation
On September 20, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, reintroduced the Responsible...
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CBO Estimates $1.4 Trillion Deficit For First 9 Months of Fiscal Year
In the first nine months of fiscal year 2023, the United States borrowed $1.4 trillion, with a $225 billion deficit in June, according to the latest...
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Chartbook: The Fiscal Outlook After the Debt Limit Deal
The recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
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Marc Goldwein on CNBC's "Squawk Box"
Committee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
The President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Committee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
The Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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How Much Would the Fiscal Responsibility Act Save?
The House-passed Fiscal Responsibility Act of 2023 (FRA) would suspend the debt limit and meaningfully reduce budget deficits – but by how much...
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Statement on House Passage of Fiscal Responsibility Act
The House of Representatives recently passed the Fiscal Responsibility Act (FRA), which according to CBO would reduce debt levels by roughly $1.5...
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Congress Should Act Swiftly to Pass Fiscal Responsibility Act
The House will vote tomorrow on the Fiscal Responsibility Act of 2023 – bipartisan legislation to limit discretionary spending, suspend the debt limit...
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CRFB Reacts to Budget Agreement
Speaker McCarthy announced this evening that he and the President have reached an agreement in principle on a bipartisan plan to reduce deficits and...