Latest
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James Jones: Pandemic Isn't an Excuse for Reckless Spending
James Jones is the chairman of Monarch Global Strategies and a member of the Committee for a Responsible Federal Budget. He recently wrote a piece for...
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Maya MacGuineas Joins Fox News to Discuss COVID-19 Fiscal Relief
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox News' Special Report with Bret Baier. She discussed the...
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Treasury Data Shows Other Countries Not Buying Additional Debt
Total foreign holdings of United States debt held steady during the month of April despite the massive increase in government borrowing that took...
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Representative Rouda Introduces Fiscal Responsibility & Long-Term Economic Security Act
While short-term borrowing and large deficits are necessary to fight the COVID-19 public health and economic crisis, policymakers will need to address...
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Over Half the COVID Fiscal Support is Now Out the Door
In response to the current pandemic and economic crisis, Congress and the President have enacted $4 trillion in spending, benefit payments, grants...
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Senate Considering Debt-Increasing Parks Legislation
This week, the Senate will consider the Great American Outdoors Act. The bill seeks to address the backlog of maintenance on public lands in a way...
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Correcting the Record on the Enzi-Whitehouse Budget Reforms
Prior to the onset of the COVID-19 pandemic and subsequent economic crisis, the Senate Budget Committee voted 15 to 6 to approve the Bipartisan...
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PAYGO Tracker: FY 2020
The first rule of getting out of a hole is to stop digging it deeper. With deficits and debt set to reach unprecedented levels soon, lawmakers risk...
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Treasury Reports $399 Billion Deficit in May as COVID-19 Relief Continues
For Immediate Release The United States budget deficit for the month of May totaled $399 billion, bringing the deficit thus far for fiscal year 2020...
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Debunking Debt Myths in the COVID Economy
Federal debt held by the public is slated to grow by roughly $4 trillion in fiscal year 2020 and exceed the size of the economy by year’s end. Much of...
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Paycheck Protection Program Flexibility Act Signed Into Law
Last week, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act, which the House and Senate passed on May 28 and...
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House Members Promote a Bipartisan Framework for Budget Reforms
A bipartisan group of 60 lawmakers, led by Representatives Scott Peters (D-CA) and Jodey Arrington (R-TX), released a letter to House leadership this...