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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...
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Marc Goldwein on CNBC's "Squawk Box"
Read moreCommittee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
Read moreThe President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
Read moreThe Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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How Much Would the Fiscal Responsibility Act Save?
Read moreThe House-passed Fiscal Responsibility Act of 2023 (FRA) would suspend the debt limit and meaningfully reduce budget deficits – but by how much...