Latest
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Would a 10% VAT Pay for a $1,000 per Month UBI?
Read moreDuring the first 2020 Democratic presidential primary debate, candidate Andrew Yang claimed that his Universal Basic Income (UBI) proposal of $1,000...
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CBO: Fixing the Debt Would Increase Income
Read morePutting debt on a downward path could increase average income by almost $9,000 per person per year, or about 10 percent as compared to continuing on...
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US Budget Watch 2020 Will Hold Candidates Accountable for Their Fiscal Promises
Read moreFor Immediate Release The nonpartisan Committee for a Responsible Federal Budget launched its US Budget Watch 2020 project Wednesday, an initiative to...
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CBO Releases 2019 Long-Term Outlook
Read moreThe Congressional Budget Office (CBO) just released its 2019 Long-Term Outlook, again confirming the budget’s unsustainable long-term trajectory...
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CBO's 2019 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its Long-Term Budget Outlook, again confirming the budget’s unsustainable long-term trajectory...
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Maya MacGuineas: America's Biggest Weakness is No Big Secret
Read moreMaya 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...
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Repealing SALT Caps Would Cost Another $500 Billion
Read moreThe Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...
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The Long-Term Debt is Out of Control
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook Tuesday, which warns that today’s high levels of...
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A Plan to Raise the Caps Without Breaking the Bank
Read moreDue to the large temporary increase in discretionary spending levels for Fiscal Years 2018 and 2019 in the Bipartisan Budget Act of 2018, spending is...
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Tax Extender Package Could Lead to $710 Billion of More Debt
Read moreUpdate 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
Read moreThe House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
Read moreA bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...