Other Spending
Latest
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CBO’s Long-Term Debt Outlook Reaffirms Unsustainable Debt Trajectory
For Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which shows an unsustainable debt trajectory...
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Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan
Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation. While it's important to spend what is necessary to...
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CBO Debt Baseline Emphasizes Need to Better Target COVID Relief Bill
For Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade, estimating that the national...
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Building a Responsible COVID Relief Package
The House of Representatives is currently developing a $1.9 trillion COVID relief package. Policymakers should spend what is necessary to end the...
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President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
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CBO Reports $738 Billion Deficit Through First Four Months of FY 2021
For Immediate Release The United States’ budget deficit for the first four months of fiscal year 2021 was $738 billion, according to the Congressional...
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Important to Pay For Child Tax Credit Expansion
For Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000...
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Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID relief...
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New CBO Data Makes Case for More Targeted COVID Relief Plan
For Immediate Release As policymakers debate a new round of COVID relief, new Congressional Budget Office (CBO) data suggests a modest fiscal package...
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Biden Campaign Plan Offers Menu of Offsets
With Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
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Mitch Daniels: We were right to worry about the nation’s fiscal future
Mitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an opinion piece for The Washington Post about the lack of...
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How Much COVID Relief Money Is Left?
Note: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $1.1...