Latest
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New Study Finds Student Loan Pause is Regressive
Read moreA recent analysis by Diego Briones, Sarah Turner, and Eileen Powell of the University of Virginia found that the current student loan payment pause...
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President Biden Skips Budget Deadline for Third Year Straight
Read morePress reports indicate that President Biden’s Fiscal Year 2024 budget will be submitted this March, well after the statutory deadline of the first...
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Congress Must Responsibly Raise the Debt Limit
Read moreToday, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to...
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Alice Rivlin’s "Divided We Fall" Offers Way Forward for the Country
Read moreWe at the Committee for a Responsible Federal Budget continue to mourn the loss of Alice Rivlin, a former board member of the Committee and the...
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Congress Should Limit Discretionary Spending to Help Control the Debt
Read moreAccording to press reports, a number of Members of Congress have called for reducing fiscal year (FY) 2024 appropriations levels back to FY 2022...
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Treasury Confirms Calendar Year 2022 Deficit Tops $1.4 Trillion
Read moreThe Treasury Department released the final Monthly Treasury Statement of calendar year 2022 today, confirming that the United States borrowed $1.4...
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What Would It Take to Balance the Budget?
Read moreWe have published an updated analysis " What Would It Take to Balance the Budget? An Update" to account for the Congressional Budget Office's latest...
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Chris Towner: Three Charts That Tell America’s Troubling Fiscal Tale
Read moreChris Towner is policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Inside Sources , an excerpt...
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December Deficit Tops $82 Billion
Read moreThe United States borrowed $82 billion in December, making the total for fiscal year 2023 so far $418 billion according to the latest Monthly Budget...
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Proposed Student Loan Rule Is Costly and Flawed
Read moreToday, the Department of Education released a proposed rule to create a new and highly problematic income-driven repayment (IDR) plan for federal...
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FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
Read moreThe recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...