Latest
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Current Policy Baseline Would Set Dangerous Precedent
As lawmakers continue to prepare for using budget reconciliation to enact their priorities, some continue to suggest that they should use a “current...
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FY 2025 & 2026 Budget Resolution Principles
A fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal The...
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Maya MacGuineas on CNBC's "Squawk Box"
Committee for a Responsible Federal Budget President Maya MacGuineas joined CNBC's "Squawk Box" to discuss the nation's fiscal outlook, President...
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Has TCJA Paid For Itself?
In early 2018, following passage of the Tax Cuts and Jobs Act (TCJA), the Congressional Budget Office projected revenue collection would total about...
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Marc Goldwein on CNBC's "The Exchange"
The Committee's senior vice president and senior policy director, Marc Goldwein, recently appeared on CNBC's "The Exchange" alongside Don Schneider...
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Trump’s Latest Tariff Plan Could Raise $1.5 Trillion
President Trump has announced that he is planning to impose a 10 percent tariff on all imports from China and a 25 percent tariff on imports from...
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CBO Releases January 2025 Budget and Economic Outlook
The Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on an...
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CBO: Record Debt in 4 Years, Interest Matching Record This Year
The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting that the national debt...
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Maya MacGuineas on Bloomberg TV's "Wall Street Week"
Committee president Maya MacGuineas recently appeared on Bloomberg TV's "Wall Street Week" to discuss the fiscal situation of the incoming...
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CBO’s Medicare Savings Options
Medicare – a federal program that provides health insurance to seniors and some individuals with disabilities – is one of the largest and fastest...
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Case and Womack Renew Efforts with the Sustainable Budget Act
Representatives Ed Case (D-HI) and Steve Womack (R-AR) recently reintroduced the Sustainable Budget Act (H.R. 222), which would establish an 18-member...
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Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion
The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024...