Latest
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The Deficit Has Never Been This High When the Economy Was This Strong
This year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in 2017. This...
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Farm Bill: Another Lost Opportunity to Find Savings
For Immediate Release After passing the Senate by a vote of 87 to 13 yesterday, the House is expected to vote on the Farm Bill this afternoon. Despite...
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Policymakers Should Set Responsible Spending Levels
For Immediate Release Earlier this year, the Trump Administration appeared poised to recommend new discretionary spending levels that would have...
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Joint Letter: End the Tax Extenders Once And For All
Below is a joint letter to Congressional leadership and the heads of the taxwriting committees that it is time to end the practice of enacting tax...
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How Much Does the Government Really Owe?
When analyzing the fiscal health of the country, we often focus on federal government debt held by the public. Data published by USAFacts allows us to...
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JSC Markup Amendment Tracker
November 30 Note: The Joint Select Committee on Budget and Appropriations Process Reform was unable to advance its legislation out of committee on a...
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JSC Failure is Disappointing
For Immediate Release The Joint Select Committee on Budget and Appropriations Process Reform (JSC) today failed to report its proposed legislation...
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Tax Extenders Should Not Add to the Deficit
For Immediate Release The House of Representatives is considering this week the Retirement, Savings, and Other Tax Relief Act of 2018, which revives...
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Maya MacGuineas Discussed Rising Interest on NPR
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, discussed our deteriorating fiscal situation, including how the U.S...
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CRFB Statement on Joint Select Committee Markup
For Immediate Release The Joint Select Committee on Budget and Appropriations Process Reform (JSC) today released a ‘co-chairs mark’ and announced...
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Momentum for Lower Drug Prices Emerging
Policymakers have been quietly making progress on lowering drug prices in recent weeks. Most notably, the Department of Health and Human Services...
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Beware the Budget Busters in the Lame Duck
The lame duck Congress will return to Washington with an important to-do list that includes either finishing the seven unfinished appropriation bills...