Debt & Deficits
Latest
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Fiscal FactCheck: 16 Budget Myths to Watch Out For in the 2016 Campaign
Read moreUpdate: The original version of this paper had a mathematical typo, saying that Medicare beneficiaries get, on average, 350% more out of the program...
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How Lawmakers Have Added to Deficits This Year
Read moreThe beginning of the 114th Congress was marked by a great deal of rhetoric about fiscal responsibility and passage of a budget resolution promising a...
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Sources of Spending Growth in the Long Term
Read moreOver the past few weeks, we have been posting in-depth analysis of the Congressional Budget Office’s (CBO) Long-Term Outlook. In its supplemental data...
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Richmond Fed Releases Bailout Barometer
Read moreThe Federal Reserve Bank of Richmond has updated their “ Bailout Barometer,” which measures the total financial sector liabilities that have a...
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$180 Billion Added to the Debt This Congress - How Deep Will Congress Dig?
Read moreOur partners at Fix the Debt released a graphic yesterday highlighting the fiscal irresponsibility of the 114th Congress in the few months it has been...
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Debt and Deficits Under the FY 2016 Budgets
Read moreWith budget consideration underway this week, the House has passed its own resolution and rejected several proposed alternatives, while the Senate...
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Maya MacGuineas Testifies in Front of Senate Budget Committee
Read moreMaya MacGuineas, President of the Committee for a Responsible Federal Budget, testified last Wednesday in front of the Senate Budget Committee for a...
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The Better Budget Process Initiative: Improving the Debt Limit
Read moreFor additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.
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CRFB's Taxpayer Receipt in USA Today
Read moreDid you know that nearly 75 dollars out of every 100 dollars in taxes paid goes to just four major areas? Monday’s USA Today front page featured data...
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Heritage Foundation Publishes Budget Book of Proposed Spending Cuts
Read moreLast week, the Heritage Foundation released the Budget Book, a catalog of 106 ways to cut the budget or reduce the size of government totaling roughly...
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The Case for "Mindful Austerity"
Read moreIn a commentary published on Monday, the Wall Street Journal’s Greg Ip wrote about President Obama’s budget and the declaration that it is moving away...