Latest
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CBO's Analysis of the President's FY 2020 Budget
Read moreThe Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2020 budget using its own assumptions to evaluate the...
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Reviving Expired Tax Extenders Could Cost $150 Billion
Read moreFor years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
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The Republican Study Committee's FY 2020 Budget: Preserving American Freedom
Read moreThe Republican Study Committee (RSC) has released its own budget proposal for Fiscal Year (FY) 2020, calling for $10.7 trillion in deficit reduction...
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Joint Letter: Don't Revive the Expired Tax Extenders
Read moreBelow is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...
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President's Budget Gets Serious About Cutting Waste, Fraud, and Abuse
Read moreUpdate: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...
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CBO Report Shows Debt Headed Toward Uncharted Waters
Read moreFor Immediate Release The Congressional Budget Office (CBO) released updates to its budget projections this afternoon. Under current law, CBO projects...
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CBO's Updated Baseline Shows Grim Outlook
Read moreToday, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and continue...
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Letter to Congress to Abide By PAYGO
Read moreBelow is a letter from Committee for a Responsible Federal Budget president Maya MacGuineas to all Members of Congress asking them to offset the costs...
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Social Security Shortfall Could Be Worse Than Reported
Read moreThe 2019 Social Security Trustees Report estimates the program's trust funds face a 75-year actuarial shortfall of 2.78 percent of taxable payroll...
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Watch: Unpacking the Social Security Trustees' Report
Read moreThe Committee for a Responsible Federal Budget hosted a lunch and panel discussion today on Unpacking the Social Security Trustees' Report. You can...
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Social Security Will Start Spending Trust Fund Reserves Next Year
Read moreThe 2019 Social Security Trustees' report reminded us that Social Security faces large and rising imbalances, projecting that the theoretically...
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The Good News on Social Security: We Have More Time to Improve Disability Insurance
Read moreThis week's Social Security Trustees' report warned that the program is on a path toward insolvency, with the theoretically combined trust fund set to...