Debt & Deficits
Latest
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Congress Must Responsibly Raise the Debt Limit
Read moreToday, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to...
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Congress Should Limit Discretionary Spending to Help Control the Debt
Read moreAccording to press reports, a number of Members of Congress have called for reducing fiscal year (FY) 2024 appropriations levels back to FY 2022...
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What Would It Take to Balance the Budget?
Read moreWe have published an updated analysis " What Would It Take to Balance the Budget? An Update" to account for the Congressional Budget Office's latest...
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22 Top Fiscal Charts of 2022
Read more2022 was a busy year for fiscal policy, which gave us many opportunities to conduct substantive policy analysis using charts and tables. This year, we...
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William Hoagland: The next House speaker should learn from 2011 experience on fiscal reform
Read moreG. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
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CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
Read moreAs lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
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CBO Releases 2022 Budget Options Report
Read moreThe Congressional Budget Office (CBO) released its Options for Reducing the Deficit: 2023 to 2032 report this week, outlining 76 policy options and...
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Maya MacGuineas: Three things Congress must do to curb our nation’s spiraling debt crisis
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently co-authored an...
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Maya MacGuineas: Here’s A Blueprint For Tackling America’s Crippling National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Budget Experts Urge Congress: No New Borrowing for Remainder of 2022
Read moreToday budget experts from the Committee for a Responsible Federal Budget, Concord Coalition, Progressive Policy Institute, and R Street Institute sent...
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Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...