Latest
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Mid-Session Review Shows How Much Worse the Deficit Has Gotten in the Past Year
Read moreThe Office of Management and Budget (OMB) released the Mid-Session Review (MSR) last week, updating the President's FY 2019 budget projections with...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Read moreChairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Panetta Recommends Budget Reform to JSC
Read moreCommittee for a Responsible Federal Budget co-chair Leon Panetta testified before the Joint Select Committee on Budget and Appropriations Process...
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New White House Report Shows Deficit Projections Have Doubled
Read moreFor Immediate Release The White House Office of Management and Budget released its annual mid-session review Friday, updating deficit projections in...
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Policymakers Should Support Deficit Reduction in Financial Services Spending Bill
Read moreFor Immediate Release The House is expected to vote this week on a minibus appropriations bill that includes the Financial Services and General...
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Leon Panetta's Testimony on Budget and Appropriations Process Reforms
Read moreOn July 12, 2018, Committee for a Responsible Federal Budget Co-Chair Leon Panetta testified before the Joint Select Committee on Budget and...
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Letter to the Veterans Affairs Conference Committee
Read moreBelow is a letter from CRFB President Maya MacGuineas to the conferees appointed to negotiate between the House and Senate versions of the Veterans...
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WATCH: Leon Panetta Testifies Before Budget Process Committee
Read moreCommittee for a Responsible Federal Budget co-chair Leon Panetta testifies before the Joint Select Committee on Budget and Appropriations Process...
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Ways and Means Committee Considering $92 Billion of Tax Cuts
Read moreThe House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
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Budget Process Changes in the FY 2019 House Budget
Read moreThe Fiscal Year 2019 House budget resolution contains a number of interesting budget process proposals. The budget passed out of committee last month...
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Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?
Read moreUPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
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By 2048, Only 6% of the Budget Will Go to Children
Read moreThe Congressional Budget Office's (CBO) recent long-term budget outlook not only forecasts rapidly rising levels of debt but also suggests a declining...