Latest
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Treasury: $381 Billion Deficit in First 2 Months of Fiscal Year
The United States borrowed $381 billion in the first two months of fiscal year 2024, including $314 billion in November, according to the latest...
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A Breakdown of Foreign Aid Obligations
With policymakers considering supplemental appropriations for Ukraine, Israel, and other foreign policy needs, many are wondering how much of the...
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CBO Estimates $383 Billion Deficit For First Two Months of Fiscal Year
The United States borrowed $383 billion in the first two months of fiscal year 2024, including $317 billion in November, according to the latest...
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Can Social Security Be Saved by Selling America’s Oil & Gas Reserves?
In a town hall hosted by Fox News, former President Donald Trump suggested that America’s fiscal problems – and specifically Social Security’s looming...
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CBO Scores National Security and Border Bill at $113 Billion
The Senate will soon consider a bill combining President Biden's national security supplemental funding request with border security measures. The...
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Vivek Ramaswamy's Proposal to Increase Defense Spending
Vivek Ramaswamy, businessman and current GOP presidential candidate, has proposed increasing spending on national defense to at least 4 percent of...
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Comparing 2024 Appropriations Levels
With the passage of the second continuing resolution (CR) for Fiscal Year (FY) 2024, Congress should turn to passing full-year appropriations bills...
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Five Revenue-Raising Loophole Closures Policymakers Should Consider
George Callas of Arnold Ventures, who previously served as a senior tax counsel in the U.S. House of Representatives – both for the Ways and Means...
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Year-End Tax Deal Could Cost Over $800 Billion if Made Permanent
UPDATE (January 2024): We have published an updated analysis of this tax deal. You can find the updated analysis here . According to press reports...
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Can Economic Growth Save Social Security?
When asked whether they would support raising the Social Security retirement age to avert insolvency during last Wednesday’s Republican presidential...
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CRFB Reacts to House Passage of CR
Today the House approved a two-tiered funding plan extending funding for four of the 12 appropriations bills until January 19, 2024 and the other...
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Event Recap: Second Annual Health Solutions Summit
On November 8th, the Committee for a Responsible Federal Budget hosted its second annual Health Solutions Summit in partnership with the Healthcare...