Latest
-
CBO Reports $83 Billion Deficit in First Month of Fiscal Year
The United States borrowed $83 billion in October, according to the latest Monthly Budget Review from the Congressional Budget Office. The following...
-
Mitch Daniels: Modern Monetary Theory, debunked everywhere except among government big-spenders
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...
-
Q&A: Everything You Should Know About the Debt Ceiling
This paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last...
-
The CRFB Fiscal Blueprint for Reducing Debt and Inflation
The United States faces numerous economic and fiscal challenges, including surging inflation, rising interest rates, trust funds heading toward...
-
A $1.4 Trillion Deficit Is Not An Accomplishment
The U.S. Treasury Department released the final Monthly Treasury Statement for Fiscal Year 2022 today, confirming the deficit totaled nearly $1.4...
-
COVID Relief End Explains All of 2022 Deficit Decline
The budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has...
-
Rules Reform – Ideas for the 118th Congress
At the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be...
-
Treasury: FY 2022 Deficit Was $1.4 Trillion
The US Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2022, showing a $1.4 trillion deficit for the...
-
CBO Offers Approaches to Reduce Commercial Health Prices
The Congressional Budget Office (CBO) recently released a report discussing different policy approaches to reducing the prices paid by commercial...
-
New York Times Highlights Need to Improve Medicare Advantage
A recent investigation published in The New York Times highlights the need for Medicare Advantage (MA) improvements by calling attention to widespread...
-
Fiscal Policy in a Time of High Inflation
Inflation is currently surging at the fastest rate in more than four decades, with the Consumer Price Index (CPI) up 8.2 percent over the past year...
-
FY 2022 Deficit Totals $1.4 Trillion
The Congressional Budget Office (CBO) today released its final monthly budget review of Fiscal Year (FY) 2022, which shows that the budget deficit...