Latest
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Maya MacGuineas: Is cutting the deficit by $3 trillion enough? Not even close
Read moreThis is a particularly important year for budgeting given three things: the need to lift the debt ceiling, the nation’s dangerous fiscal trajectory...
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Treasury: $262 Billion Deficit in February
Read moreThe Treasury Department released its latest Monthly Treasury Statement today, showing that the United States borrowed $262 billion in the month of...
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An Overview of the President's FY 2024 Budget
Read moreMoments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal, outlining some of the President's tax and spending...
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Analysis of the President's FY 2024 Budget
Read moreThe Biden Administration released its Fiscal Year (FY) 2024 budget proposal today, outlining President Biden’s priorities over the next decade. The...
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CRFB Reacts to the President’s FY 2024 Budget
Read morePresident Biden released his Fiscal Year (FY) 2024 budget request moments ago, outlining his tax and spending priorities over the next decade. Under...
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CBO Briefing Shines Light on Our Fiscal Challenges
Read moreLater today, Congressional Budget Office (CBO) Director Phillip Swagel will brief members of the House of Representatives on the Budget and Economic...
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CRFB Welcomes Plan to Put Medicare Solvency On the Table
Read moreToday, President Biden previewed a new plan to improve the solvency of the Medicare Hospital Insurance (HI) trust fund. The plan would increase the...
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2022 Inflation Hit a 41 Year Record
Read moreInflation surged at the fastest pace since 1981 last year, based on the final Consumer Price Index (CPI) and Personal Consumption Expenditure Price...
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What We Hope to See in the White House and Congressional Budgets
Read moreThe White House will release President Biden’s Fiscal Year (FY) 2024 budget proposal on Thursday, and then the Budget Committees should meet their...
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The Debt Ceiling and Fiscal Reforms
Read moreWith federal debt subject to the limit currently at $31.38 trillion, the federal government has officially run up against its debt ceiling. In January...
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81 Percent of Spending Growth Will Come from Health Care, Social Security, and Interest
Read moreThe Congressional Budget Office (CBO) projects that budget deficits will double from $1.4 trillion in Fiscal Year (FY) 2023 to nearly $2.9 trillion by...
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Good Management of Medicare Advantage is Not a “Cut” to Medicare
Read moreAlthough politicians often speak of wanting to target “waste, fraud, and abuse” in government programs, there is currently an effort to prevent the...