Latest
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Our Top Fiscal Charts of 2019
2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This year...
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The Decade in the Federal Budget
When it comes to fiscal policy, the 2010s have been quite a rollercoaster. Below, we’ve identified a few major budgetary trends and patterns of the...
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Appropriations Watch: FY 2020
Updated 12/24/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30. Congress enacted a continuing...
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Budget Deal Shows Bipartisan Failure of Leadership
For Immediate Release Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two bipartisan...
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Policymakers Added $2.2 Trillion to the Debt in 2019
With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
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Appropriations Deal Will Cost $2.1 Trillion Over 20 Years
The appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes, would cost...
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Cory Booker's "Baby Bonds" Plan
Presidential candidate Senator Cory Booker (D-NJ) has put forward a proposal to establish savings accounts for every child born in America funded...
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Let Zombie Tax Extenders Remain Dead
For Immediate Release Last night, the House Rules Committee added a set of tax cuts to the year-end appropriations package, reviving almost three...
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Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?
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...
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Mike Murphy: Unlike Politicians in D.C., Some Are Willing to Work Together
Mike Murphy is the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an op-ed for...
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Spending Package Could Add $500 Billion to Debt
Update 12/17/19: CBO and JCT have now estimated the year-end spending package after a late-night addition by the House Rules Committee. The bill now...
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Year-End Tax Cuts Would Add $470 Billion to the Debt
For Immediate Release Press reports suggest lawmakers are negotiating a deal to combine year-end funding bills with a series of large tax cuts –...