Latest
-
Heritage Foundation Releases 2022 Budget Blueprint
The Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
-
Tax Experts Urge Congress To Fix IRS Backlog And Reduce The Tax Gap
Today, a diverse group of former tax officials and policy experts sent a letter to the leadership of the Appropriations Committees urging them to...
-
Did President Biden Reduce the Deficit by $1 Trillion?
In his first State of the Union address, President Joe Biden stated that he would be "the only president ever to cut the deficit by more than one...
-
Veterans Deserve Care, Not More Debt
The House of Representatives is set to vote on the Honoring our PACT Act of 2021 to provide additional benefits to veterans because of exposure to...
-
Cancelling Student Debt Would Add to Inflation
Lawmakers and advocates have loudened their calls to cancel student loan debt before the current re-payment moratorium ends on May 1 st. Given the...
-
Coalition Calls Attention to Lack of Fiscal Responsibility
This week’s State of the Union address comes at a time when debt as a share of the economy is on track to surpass record levels within a decade. Today...
-
The 2021 U.S. Economy in Ten Charts
2021 was a unique year in economic history. Assisted by new COVID vaccines, accommodative monetary policy, and trillions of fiscal stimulus, the US...
-
Maya MacGuineas: Say no to a gas tax holiday
Maya 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...
-
Bipartisan Group Urges Budget Reforms
A bipartisan group of 24 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – sent a letter to House leadership today...
-
Bipartisan House Group Sends Letter Calling for Budget Reforms
Today, a bipartisan group of 24 members of the House of Representatives sent a letter to House leadership calling for the inclusion of budget process...
-
Event Recap: Trust Fund Solutions
On February 17, Senators Angus King (I-ME) and Mitt Romney (R-UT) joined the Committee for a Responsible Federal Budget and panel of experts to...
-
Q&A: Gross Debt Versus Debt Held by the Public
The Q&A has been updated here. On January 31, 2022, the federal government's gross debt exceeded $30 trillion for the first time. This mark serves as...