Senate
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CBO Scores IRA with $238 Billion of Deficit Reduction
The Congressional Budget Office (CBO) just released a final score of the Inflation Reduction Act, finding it would reduce deficits by $238 billion...
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What's In the Inflation Reduction Act?
Update (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act, finding it will...
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Six Ways to Fight Inflation
Personal Consumption Expenditure (PCE) inflation rose by 6.3 percent over the past year and 0.6 percent last month according to new data from the...
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Reducing Drug Prices and the Tax Gap
As lawmakers negotiate a possible reconciliation bill, they should look to offsets from the House-passed Build Back Better Act (BBB) to help fund new...
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Senate Retirement Bill Would Cost $84 Billion Without Gimmicks
The Senate Finance Committee recently advanced the Enhancing American Retirement Now (EARN) Act, a bill designed to encourage private retirement...
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Recap: Maya MacGuineas Gives Senate Testimony on Saving Social Security
On June 9, the Senate Budget Committee held a hearing on "Saving Social Security: Expanding Benefits and Demanding the Wealthy Pay Their Fair Share or...
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VA Bill Will Cost Hundreds of Billions of Dollars
The Senate is expected to vote on the Honoring our PACT Act this week, which would add at least $277 billion to deficits through 2031 and would...
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Maya MacGuineas's Senate Testimony on Saving Social Security
On June 9, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on "Saving Social...
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Watch Live: Committee President Maya MacGuineas Testifies on Saving Social Security
On June 9 at 11 am EDT, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on saving...
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Can a Carbon Tax Fund Climate Investments?
Though the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate...
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Heritage Foundation Releases 2022 Budget Blueprint
The Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
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New SALT Proposals Would Improve House Bill
So far, nearly every proposal introduced or suggested to change the state and local tax (SALT) deduction cap would be unnecessarily costly and...