Latest
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Congress is Trying to Have it Both Ways with Telehealth
Read more6/26/23 Update: The Congressional Budget Office released a cost estimate of the legislation allowing telehealth to be covered pre-deductible in HDHPs...
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Gross National Debt Reaches $32 Trillion
Read moreThe gross national debt of the United States surpassed $32 trillion yesterday. It was just over eight months ago when the federal government eclipsed...
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Reintroduction of the Fiscal State of the Nation Resolution
Read moreRepresentatives Andy Barr (R-KY) and Scott Peters (D-CA) reintroduced the Fiscal State of the Nation resolution in the House in conjunction with...
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Announcing US Budget Watch 2024
Read moreThe Committee for a Responsible Federal Budget launched US Budget Watch 2024 today, a project to educate the public on issues related to the 2024...
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Major Challenges Await the Next Administration
Read moreUS Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...
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Senators Introduce Thoughtful Higher Education Package
Read moreMembers of the Senate HELP Committee, led by Ranking Member Bill Cassidy (R-LA), along with Chuck Grassley (R-IA), John Cornyn (R-TX), Tim Scott (R-SC...
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W&M Tax Bill Undermines FRA Savings
Read moreThe American Families and Jobs Act (AFJA) that recently passed the House Ways and Means Committee would add $320 billion to the deficit over the next...
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Appropriations 101
Read moreThis paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
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Key Takeaways from the Site-based Invoicing and Transparency Enhancement (SITE) Act
Read moreThis week Senators Mike Braun (R-IN), Maggie Hassan (D-NH), and John Kennedy (R-LA) introduced the Site-based Invoicing and Transparency Enhancement...
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Treasury Reports $1.2 Trillion Deficit For First 8 Months of Fiscal Year 2023
Read moreIn the first eight months of Fiscal Year 2023, the United States borrowed $1.2 trillion, including $240 billion in May, according to the latest...
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W&M Tax Bill Would Cost Over $1 Trillion if Made Permanent
Read moreThe House Ways and Means Committee will soon consider the American Families and Jobs Act, legislation to temporarily extend various business tax...
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The Deficit Was $2.1 Trillion Over Past Year
Read moreThe federal budget deficit totaled $2.1 trillion over the past 12 months, up 50 percent from the $1.4 trillion deficit in Fiscal Year (FY) 2022 and...