Latest
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Shutdown is a National Embarrassment
For Immediate Release Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said the following about the government shutdown...
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President Trump's Fiscal Record So Far
As the first year of the Trump Presidency closes, it is worth taking a look at how the fiscal health of the country has changed since President Trump...
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House Continuing Resolution Sets Stage for Over $300 Billion in Costs
House Republicans released a draft continuing resolution (CR) last night to extend current levels of discretionary spending through February 16, which...
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House Funding Plan Shouldn’t Be An Excuse to Add to the Debt
For Immediate Release Last night, House Republicans released a new plan to extend discretionary government funding through mid-February. The...
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Lawmakers Should Offset Upcoming Disaster Relief
One of many things lawmakers are poised to take up early in the year is additional disaster relief in response to Hurricanes Harvey, Irma, and Maria...
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Q&A: Everything You Should Know About Government Shutdowns
This paper has been updated here. As we’ve learned to expect, Congress seems to be waiting until the last minute to address several important fiscal...
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Sequester Relief is Too Costly to Add to the Credit Card
During the busy end to the year, lawmakers enacted a continuing resolution (CR) to keep the government funded through January 19. When that CR ends...
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National Economists Club Speech: The Return of Trillion-Dollar Deficits
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with higher debt...
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Resources for Tax Reform
Efforts to reform the tax code are underway, and the legislative process is in full swing. CRFB has been tracking and compiling the scores of each...
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Sizing Up Revenue With the Tax Bill Enacted
As lawmakers return for the new year after the enactment of the Tax Cuts and Jobs Act (TCJA), they also face a new budget outlook with significantly...
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Q&A: Everything You Should Know About the Debt Ceiling - Jan 2018
This Q&A has been updated. See here for the latest version. One issue that must be addressed soon is the federal debt ceiling, which was reinstated on...
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We Need to Break Our Addiction to Debt
For Immediate Release Congress is currently debating a deal to increase spending caps and fund the government through the remainder of the current...