Latest
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Fact-Checking the 2024 State of the Union
In last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
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The Deficit Totaled $1.8 Trillion Over the Past Year
The federal budget deficit totaled $1.8 trillion over the past 12 months, up $36 billion from the 12-month period ending in January and up $107...
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CRFB Reacts to House FY 2025 Budget Resolution
The House Budget Committee is marking up its Fiscal Year (FY) 2025 budget resolution today. The budget resolution proposes to bring the federal budget...
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New RECA Bill Would Worsen the Debt
The Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
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The State of the Union Deserves Less Theater, More Solutions
President Biden will give his State of the Union Address to a joint session of Congress tomorrow night. This annual address offers the President the...
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Employer Plans in Medicare Advantage: A Flaw in the Quality Bonus System
Employer Group Waiver Plans (EGWPs) are a popular option for unions and employers to provide former workers with retiree health insurance in place of...
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College Cost Reduction Act Could Save $150 Billion, Lower Tuitions
UPDATE: On May 10, 2024, the Congressional Budget Office estimated the College Cost Reduction Act would save $185 billion over a decade, including...
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CBO Baseline Highlights Troubling Long-Term Future
The Congressional Budget Office’s (CBO) February 2024 Budget and Economic Outlook projects that the national debt will exceed its record as a share of...
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Congress Just Prevented Pell Costs from Exploding
The cost of the Pell Grant program already exceeds its funding. A recently announced change from the Department of Education, made due to an error in...
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Bipartisan Support for a Fiscal Commission
This week, the American Road & Transportation Builders Association led a coalition letter to leadership asking for a fiscal commission to be included...
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Can Donald Trump Eliminate the Debt?
In discussing another potential term in office, last month, former President Donald Trump declared, "we’re going to pay off our debt.” President Trump...
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Government Shutdowns Q&A: Everything You Should Know
The third continuing resolution (CR) for Fiscal Year (FY) 2024 expires in two tranches, the first of which funds 4 of the 12 appropriations bills and...