Economics
Latest
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Getting to 3%: An Open Letter to Lawmakers
Read moreToday, the Board of Directors for the Committee for a Responsible Federal Budget released an open letter calling on lawmakers to adopt a fiscal goal...
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CBO Releases Economic Projections From 2025 to 2028
Read moreThe Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline...
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An Economic Sugar High Doesn’t Mean Sustained Growth
Read moreThe recently-enacted One Big Beautiful Bill Act (OBBBA) is expected to significantly boost near-term economic activity, but is unlikely to accelerate...
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How Much Would OBBBA Pay For Itself?
Read moreThe House-passed One Big Beautiful Bill Act (OBBBA) would add about $3 trillion to the debt, including interest, on a conventional basis. However...
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Mortgage Costs Could Rise Under Debt-Financed Reconciliation Bill
Read moreA deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up interest rates. The House...
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Income Growth Would Slow Due to Rising Debt
Read moreA new report from the Congressional Budget Office (CBO) finds rising debt will slow economic growth and result in lower incomes than they would be...
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America’s Truss Moment?
Read moreAs the House considers a reconciliation package that is shaping up to add $3.3 trillion to the debt over a decade as written – or $5.2 trillion if...
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Higher Treasury Yields Would Add Trillions to the Debt
Read moreThe 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
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Maya MacGuineas on Fox Business' "Mornings with Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
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Continued Inflation Highlights Danger of More Deficits
Read moreThe Federal Reserve’s preferred measure of inflation — the personal consumption expenditure (PCE) index — came in at 0.3 percent in January, twice the...
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As the Fed Cuts Rates, Treasury Yields Are Rising
Read moreWith last week’s rate decision, the Federal Reserve has now cut the federal funds rate by 75 basis points over the past eight weeks. Over that same...
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Tax Cut Extension Would Only Pay for 1% to 14% of Itself
Read moreSeveral major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending...