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

Can Tax Reform Generate 0.4% Additional Growth?
Well-crafted tax reform would improve economic growth. While pro-growth tax reform can generate some revenue to the Treasury from the added growth, as...

Chartbook: Dynamic Scoring and Tax Reform
This presentation covers that tax cuts don't pay for themselves, smart tax reform can generate $300 billion to $400 billion of dynamic revenues (not...

Five Gimmicks That May Hide the True Costs of Tax Reform
The budget resolution recently passed by Congress sets the stage for fast-track tax reform legislation (a process known as reconciliation) that could...

The FY 2018 Senate Budget and Budget Gimmicks
Note: An amendment was adopted during floor consideration that affects budget gimmicks in the House of Representatives. You can read more on that...

A Mini-Bargain to Improve the Budget: An Update
Note: This paper is an update from our August 2017 piece “ A Mini-Bargain to Improve the Budget .” It adds a new section on how to pay for disaster...

Tax Cuts Don't Pay For Themselves
While policymakers are gearing up to address tax reform this fall, some have advocated for abandoning true reform and instead focusing solely on tax...

ARCHIVE: Q&A: Gross Debt Versus Debt Held by the Public
On September 8, the federal government's gross debt exceeded $20 trillion for the first time. This mark serves as an important reminder of the nation...

Q&A: Everything You Should Know About Government Shutdowns
We have updated this document. The most recent version is available here. It’s déjà vu all over again, again – Congress seems to be waiting until the...

Q&A: Everything You Should Know About the Debt Ceiling - Sep 2017
This Q&A has been updated. See here for the latest version. One issue that must be addressed this month is the federal debt ceiling, which was...

Tax Reform Should Not Add to the Debt – Here's 5 Reasons Why
As lawmakers return from recess and move onto the fall's agenda, tax reform remains the top priority for both Congress and the Administration. The tax...

Updated Appropriations 101
Note: We have updated this paper, please see the latest Appropriations 101. What are appropriations? Appropriations are annual decisions made by...

Letter to Chairman Enzi Encouraging A Current Law Baseline
Below is a letter from CRFB to Senate Budget Committee Chairman Mike Enzi (R-WY) encouraging the committee to use a current law baseline. We...