Latest
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New Budget Cap Plan Would Cost As Much As the Tax Cuts
Read moreEarlier this week, the House Budget Committee reported a bill – the Investing for the People Act of 2019 – that would increase current law caps on...
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Policymakers Should Not Add Trillions to the Debt through New Cap Deal
Read moreFor Immediate Release: House Budget Committee Chairman John Yarmuth (D-KY) released details of a plan Tuesday to forgo consideration of a budget...
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Proposed Budget Plan Would Cost Over $2 Trillion
Read moreIn lieu of a budget resolution, the House Budget Committee has put forward a bill to increase discretionary spending caps by $358 billion over the...
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Last Year Was the Only Where Congress Did Not Vote On a Budget
Read moreLast year was a historically bad year for the Congressional budget process. Since 1976, it was the first time that neither the Senate or House voted...
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Was the Federal Reserve’s Monetary Tightening Unprecedented?
Read moreIn a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...
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Tyler Evilsizer: Fiscal Negligence of Recent Congresses Must Be Dealt With Now
Read moreTyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
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Senate Budget Committee Sets the Stage for Responsible Budget Deal
Read moreSenate Budget Committee Chairman Mike Enzi (R-WY) has released his Chairman's Mark for the FY 2020 budget resolution, covering the next five fiscal...
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Senate Budget Plan Includes Realistic Deficit Reduction
Read moreFor Immediate Release: Senate Budget Committee Chairman Mike Enzi (R-WY) introduced today a Chairman’s Mark of the Fiscal Year 2020 budget resolution...
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The White House Projects the Debt Will Fix Itself
Read moreThe Trump Administration has touted its recent FY 2020 President’s Budget as balancing the budget in just 15 years. However, additional budget...
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Debt Would Rise, Not Fall, Under the President’s Budget
Read moreThe President’s budget estimates it would reduce debt to 71 percent of Gross Domestic Product (GDP) and deficits to $202 billion (0.6 percent of GDP)...
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Three-Fifths of This Year's Deficit is Policymakers' Fault
Read moreThe budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...
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Economists Agree: Deficits Matter
Read moreRarely do economists agree on anything. But a survey this week through the University of Chicago's IGM Forum found that 42 top economists from across...