Latest
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Appropriators Must Stay Within Spending Caps Without Gimmicks
As the Senate Appropriations Committee makes its 302(b) allocations, divvying up funding among the 12 appropriations bills, it will have to deal with...
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Options for Reforming the Mortgage Interest Deduction
The mortgage interest deduction has long been targeted as a tax expenditure by advocates of tax reform. In a new paper, the Tax Policy Center's Amanda...
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Rubio Proposes Retirement Program Reforms
As the Senate works this week to increase the debt, Sen. Marco Rubio (R-FL) outlined a series of reforms to Social Security, Medicare, and retirement...
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Event Recap: The 2014 Fiscal Summit
The Peter G. Peterson Foundation held its 2014 Fiscal Summit today, bringing together a number of current and former policymakers, experts...
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Senate Moves Forward on Increasing Deficit with Tax Extenders
The Senate is moving forward with tax extenders legislation, renewing a variety of breaks that expired at the end of last year for research, small...
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Social Security's Worsening Financial Picture Since 2011
We have already shown how both federal health care spending and revenue projections have been revised downward by $900 billion and $4.2 trillion...
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Adding "TRUSTGO" to PAYGO Would Improve the Debt Situation
We have always have been proponents of paying for the costs of policies such as the tax extenders and doc fixes, since doing so would make a...
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Temporary Effects Driving Some of Medicare's Slow Growth in 2014
Medicare spending has grown remarkably slowly so far this year, according to the often-overlooked Monthly Budget Reviews from the Congressional Budget...
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The $4.2 Trillion Drop in Revenue Projections
As we explained last week, health care spending is growing more slowly, which is great news for the federal budget. Spending has been revised downward...
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Maya MacGuineas: Will Congress Listen to the Military on Pay?
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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Senate Finance Committee Hearing on Transportation Funding
The Senate Finance Committee held a hearing May 6th titled, “ New Routes for Funding and Financing Highways and Transit.” During the hearing Senators...
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GAO's Long-Term Federal Budget Outlook Shows Grave Picture
The Government Accountability Office (GAO) recently released the spring update to its long-term federal budget simulation series. In their report, GAO...