Other Spending
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Maya MacGuineas on Bloomberg's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" to discuss the latest Long-Term Budget Outlook from the...
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Senators Introduce Thoughtful Higher Education Package
Read moreMembers of the Senate HELP Committee, led by Ranking Member Bill Cassidy (R-LA), along with Chuck Grassley (R-IA), John Cornyn (R-TX), Tim Scott (R-SC...
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W&M Tax Bill Undermines FRA Savings
Read moreThe American Families and Jobs Act (AFJA) that recently passed the House Ways and Means Committee would add $320 billion to the deficit over the next...
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Appropriations 101
Read moreThis paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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Treasury Reports $1.2 Trillion Deficit For First 8 Months of Fiscal Year 2023
Read moreIn the first eight months of Fiscal Year 2023, the United States borrowed $1.2 trillion, including $240 billion in May, according to the latest...
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Marc Goldwein on CNBC's "Squawk Box"
Read moreCommittee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
Read moreThe President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
Read moreThe Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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How Much Would the Fiscal Responsibility Act Save?
Read moreThe 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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It’s Time for a New Fiscal Commission
Read moreYesterday, Speaker McCarthy suggested the idea of a bipartisan fiscal commission to explore long-term budgetary issues. The following is a statement...
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Statement on House Passage of Fiscal Responsibility Act
Read moreThe House of Representatives recently passed the Fiscal Responsibility Act (FRA), which according to CBO would reduce debt levels by roughly $1.5...