Domestic Spending
Latest
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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...
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House Appropriations Committee Publishes FY 2024 Community Project Funding Requests
In an effort to improve transparency around the appropriations process, the House Appropriations Committee recently centralized a list of Fiscal Year...
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Breaking Down the Proposals in the President's FY 2024 Budget
The FY 2024 President’s budget includes policy changes that it estimates would reduce budget deficits by $3 trillion over a decade, the net effect of...
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House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
The House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student...
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Marc Goldwein on You Don't Have to Yell Podcast Discussing Debt Ceiling
Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the " You Don't Have to...
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CBO's Budget Options to Improve Trust Fund Solvency
The Congressional Budget Office (CBO) recently published its latest Options for Reducing the Deficit reports, outlining 76 policy options across two...
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What Would It Take to Balance the Budget?
We 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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FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
The recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...
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IRS Funding Repeal Could Cost Over $100 Billion, Encourage Tax Cheating
1/9 Update: CBO released a score of the bill, incorporated below. The House is likely to vote today on a bill that would rescind roughly $70 billion...