Latest
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CBO Releases New 10-Year Budget Projections
Read moreThe Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and...
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Building a Responsible COVID Relief Package
Read moreThe House of Representatives is currently developing a $1.9 trillion COVID relief package. Policymakers should spend what is necessary to end the...
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President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
Read morePresident Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
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CBO Reports $738 Billion Deficit Through First Four Months of FY 2021
Read moreFor Immediate Release The United States’ budget deficit for the first four months of fiscal year 2021 was $738 billion, according to the Congressional...
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Important to Pay For Child Tax Credit Expansion
Read moreFor Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000...
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Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID relief...
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How Much Would the American Rescue Plan Overshoot the Output Gap?
Read moreThe Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and potential...
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CBO Releases New 10-Year Economic Projections
Read moreYesterday, the Congressional Budget Office (CBO) released a new set of ten-year economic projections, illustrating the economic damage from the COVID...
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America Faces a $380 Billion Output Gap
Read moreToday's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...
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New CBO Data Makes Case for More Targeted COVID Relief Plan
Read moreFor Immediate Release As policymakers debate a new round of COVID relief, new Congressional Budget Office (CBO) data suggests a modest fiscal package...
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Biden Campaign Plan Offers Menu of Offsets
Read moreWith Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
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Mitch Daniels: We were right to worry about the nation’s fiscal future
Read moreMitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an opinion piece for The Washington Post about the lack of...