Latest
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House Site-Neutral Policy Should Save More
Read moreHouse leadership recently introduced the Lower Costs, More Transparency Act, that unifies multiple legislative proposals from the Energy and Commerce...
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IRS Rescission Would Worsen Deficits
Read moreRescinding $25 billion of IRS funding would result in the loss of $49 billion in revenue and increase deficits by $24 billion over ten years...
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NDAA Includes $150 Billion Deficit-Increasing Program
Read moreThe Senate-passed National Defense Authorization Act for Fiscal Year (FY) 2024 (NDAA) would increase the deficit by $153 billion over a decade...
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The Budget Act At 50 – Budget Process Reform Recommendations for the 118th Congress
Read moreThe Congressional Budget and Impoundment Control Act will turn 50 next year, and the budget process is showing its age. The current budget process is...
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Deficit Tops $1.7 Trillion As Interest Rates Surge
Read moreThe Congressional Budget Office (CBO) today released its final Monthly Budget Review of Fiscal Year (FY) 2023, finding that the budget deficit totaled...
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Interest Rates Remain Near Record Highs
Read moreInterest rates continue to surge, hitting new post-financial crisis records. Over the past month, yields on the ten-year Treasury note have risen more...
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Tim Scott's Proposal for Cutting Spending, Cutting Government, and Cutting Taxes
Read moreGOP presidential candidate and Senator Tim Scott (R-SC) recently unveiled a comprehensive economic plan, titled “ Build. Don’t Borrow." The plan is...
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Congress Avoids a Shutdown, But Leaves Much More to Be Done
Read moreThe House and Senate have approved a Continuing Resolution (CR) that funds the government at Fiscal Year 2023 appropriations levels and avoids a...
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CRFB Reacts to Proposed Fiscal Commission
Read moreToday, Bipartisan Fiscal Forum Co-Chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA) proposed bipartisan legislation to establish a...
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It's Time for A Bipartisan Fiscal Commission
Read moreThe national debt is on an unsustainable path, interest costs are exploding, and the Social Security and Medicare trust funds are approaching...
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Maya MacGuineas: Finally, a Serious Idea to Address the National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Revised Projections from CBO, OMB, & Fed Give Hope of “Soft Landing”
Read moreRecent economic forecasts from the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), and the Federal Reserve (Fed) present...