Latest
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Upcoming CR Shows Broken Budget and Debt Addiction
Read moreLawmakers are considering a continuing resolution (CR) to keep the government from shutting down when funding lapses on Friday, September 30th at the...
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Debt Cancellation is Too Costly, CBO Confirms
Read moreToday, the Congressional Budget Office (CBO) estimated that the Administration’s proposal to cancel up to $10,000 or $20,000 of debt per student loan...
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Student Loan IDR Changes Are Highly Problematic, Report Shows
Read moreWhile much attention has been paid to President Biden's costly and inflationary plan to cancel $10,000 to $20,000 of student debt, his proposed...
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Lawmakers Should Replace WEP/GPO, Not Repeal It
Read moreThe House Ways and Means Committee reported H.R. 82, a bill that repeals the Social Security Windfall Elimination Provision (WEP) and Government...
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New MA Bill Would Increase Medicare Costs
Read moreLast week, the House of Representatives passed the Improving Seniors' Timely Access to Care Act ( HR 3173). The legislation would place requirements...
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Year-End 'Extenders' Could Worsen Deficits and Inflation
Read moreWith inflation surging and debt approaching record levels, policymakers might make the fiscal situation even worse in an end-of-the-year fiscal...
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Event Recap: How the Public Views the Options to Reform Social Security
Read moreOn September 15, the Committee for a Responsible Federal Budget hosted "How the Public Views the Options to Reform Social Security." The event...
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Congress Should not Increase Health Costs in CR
Read moreCongress is currently discussing a number of policy changes to increase Medicare and other health payments. In total, these changes could cost up to...
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CBO Releases its Estimate of the President's FY 2023 Budget
Read moreYesterday, the Congressional Budget Office (CBO) released its estimate of the President's Fiscal Year (FY) 2023 budget. CBO finds that debt and...
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Maya MacGuineas: The White House is wrong, Biden is no steward of fiscal responsibility
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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The Biden Administration Has Approved $4.8 Trillion of New Borrowing
Read moreNote: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...
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Student Debt Changes Wipe Out IRA Savings
Read moreThe student debt cancellation and relief measures recently announced by the Biden Administration will cost roughly $500 billion over ten years under...