Latest
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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...
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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...
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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...
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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...
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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...
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Student Debt Cancellation is Not Financially Justified
The White House has justified the unilateral implementation of its $400 billion student debt cancellation plan based on authority the Secretary of...
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Is Biden's Student Debt Cancellation Plan Still Regressive?
The Biden Administration’s new $420 billion student debt cancellation and repayment pause plan will deliver the majority of the benefits to those in...
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U.S. Gross Debt Tops $31 Trillion
The gross national debt of the United States eclipsed $31 trillion yesterday, just nine months after the federal government’s gross debt exceeded $30...
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Congress Avoids a Shutdown, But End-of-Year Package Could Be Costly
Lawmakers passed a continuing resolution (CR) today to sustain current funding levels and avoid a government shutdown in the final hours of the fiscal...
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Legislation to Bring Transparency to MA Introduced
Representative Katie Porter (D-CA) introduced legislation this week that would require Medicare Advantage (MA) plans to provide data on supplemental...
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Committee Co-Chair Timothy Penny on KROC Minnesota Radio
Committee for a Responsible Federal Budget Co-Chair Timothy Penny, former representative for Minnesota’s first Congressional district and president...
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President Should Offer Plan to Secure Social Security & Medicare
President Biden delivered remarks today at the White House on Social Security and Medicare. The following is a statement from Maya MacGuineas...