Latest
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Americans Show They Can Make Tough Federal Budget Decisions and Reduce National Debt
The national debt currently is the highest it has been as a share of the economy since just after World War II, and it is rising rapidly. This high...
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We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt
We have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...
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Elizabeth Warren's Higher Education Plan
In April, 2020 presidential candidate Senator Elizabeth Warren (D-MA) unveiled a plan for “universal free public college and cancellation of student...
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Eugene Steuerle: Congress is supposed to decide how the U.S. spends money. Soon, it won’t be able to.
Democratic candidates for president are promising Medicare-for-all, free college and an ambitious — and expensive — Green New Deal.
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After the 2020 Election, Fiscal Challenges Await
The winner of the 2020 presidential election will begin his or her term facing a daunting fiscal situation. High deficits and debt, depleting trust...
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Is Spending, Not Tax Cuts, Driving the Deficit?
The House Ways and Means Committee minority recently published a blog post claiming that "spending, not tax cuts, [is] driving national deficits." It...
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Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
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Debt Could Reach Record Levels by 2030
The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
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Marc Goldwein: A better way to cut the payroll tax rate
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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New House Members Stress Importance of PAYGO
A group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...
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How to Reduce Health Costs By $900 Billion
There is no single magic bullet to rein in the high cost of health care for households, businesses, and governments. But lawmakers are currently...
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Maya MacGuineas: With a growing debt, a fiscally responsible blueprint is needed to handle the next recession
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...