Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

Kent Conrad's Testimony on the Broken Budget Process
On May 14, 2019, former Senate Budget Committee Chairman and Committee for a Responsible Federal Budget board member Kent Conrad (D-ND) testified...

Analysis of the 2019 Medicare Trustees' Report
The Medicare Trustees have released their 2019 report, which makes projections for Medicare spending and revenue for the next 75 years. The Trustees...

CBO's Analysis of the President's FY 2020 Budget
The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2020 budget using its own assumptions to evaluate the...

Joint Letter: Don't Revive the Expired Tax Extenders
Below is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...

Letter to Congress to Abide By PAYGO
Below is a letter from Committee for a Responsible Federal Budget president Maya MacGuineas to all Members of Congress asking them to offset the costs...

Analysis of the 2019 Social Security Trustees’ Report
The Social Security Trustees released their annual report today, continuing to show that the Social Security program must address its funding...

Why Should We Worry About the National Debt: Questions and Answers
“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy...

Why Should We Worry About the National Debt?
Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two years...

Letter for the Record on Comprehensive Legislative Proposals on Social Security
The Committee for a Responsible Federal Budget submitted a letter for the record from CRFB president Maya MacGuineas pertaining to the House Ways and...

Analysis of the President’s FY 2020 Budget
The Trump Administration released its Fiscal Year (FY) 2020 budget proposal today, outlining the President’s tax and spending priorities over the next...

Written Testimony on Our Nation's Crumbling Infrastructure and the Need for Immediate Action
The Committee for a Responsible Federal Budget submitted testimony for the record pertaining to the House Ways and Means Committee hearing on "Our...

Budget Resolution Principles for Fiscal Year 2020
The congressional budget resolution should establish the nation’s priorities, the approach to financing them, and a plan to ensure the nation is on a...