Latest
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CBO Reports $459 Billion Deficit for the First 4 Months of the Fiscal Year
Read moreThe United States borrowed $459 billion in the first four months of fiscal year 2023, including $38 billion in January, according to the latest...
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Tax Policy Center Estimates Medicare Revenue Proposals
Read moreThe Tax Policy Center (TPC) recently published a report on “ Options for Increasing Medicare Revenues.” This report identifies 12 options to increase...
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Biden IDR Plan Will Cost More than Advertised
Read moreLast month, the Biden Administration put forward a proposed rule to unilaterally expand the Income-Driven Repayment (IDR) program for student debt. In...
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Marc Goldwein on You Don't Have to Yell Podcast Discussing Debt Ceiling
Read moreCommittee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the " You Don't Have to...
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Net Interest Payments Topped $475 Billion in FY 2022
Read moreOne of the main reasons to be concerned about our high and rising national debt is the growing size of interest payments needed to service it. In...
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Prevent Government Shutdowns Act of 2023 Introduced in the Senate
Read moreLast week, Senators James Lankford (R-OK), Maggie Hassan (D-NH), and a bipartisan group of nine additional senators reintroduced the Prevent...
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White House Should Stop Demagoguing Social Security and Medicare
Read moreWhite House spokesperson Andrew Bates today described commissions to save the Social Security and Medicare programs from insolvency as a “death panel...
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Principles for Social Security Reform
Read moreSocial Security will be insolvent in as little as a decade. The Congressional Budget Office (CBO) estimates the combined trust funds’ reserves will be...
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The 2022 U.S. Economy in Ten Charts
Read moreIn economic history, 2022 will be remembered for high and rising inflation and rising interest rates in response. While high inflation dominated the...
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Marc Goldwein: Here are realistic goals for Congress to get a grip on national debt
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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CBO's Budget Options to Improve Trust Fund Solvency
Read moreThe Congressional Budget Office (CBO) recently published its latest Options for Reducing the Deficit reports, outlining 76 policy options across two...
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CBO: Only a Decade Until Social Security Insolvency
Read moreThe Congressional Budget Office (CBO) recently released detailed Social Security projections finding that the trust funds are headed for insolvency by...