Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
Chartbook: The Fiscal Cost of Income-Driven Repayment (IDR)
The Biden Administration recently finalized a rule to significantly expand student loan Income-Driven Repayment (IDR) plan. Although the Supreme Court...
Chartbook: The Fiscal Outlook After the Debt Limit Deal
The recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
Analysis of CBO's June 2023 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its June 2023 Long-Term Budget Outlook, projecting that the national debt is on an unsustainable...
Time to Fix Medicaid Financing Schemes
This paper is part of a series on Medicaid financing. Other papers in the series discuss provider taxes and supplemental payments . Medicaid is...
Major Challenges Await the Next Administration
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...
Appropriations 101
This paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
6 Ways to Reduce Health Care Costs
By JOSH GORDON AND DARBIN WOFFORD This journal article originally appeared in the Milken Institute Review . Here’s some old news that, depressingly...
Analysis of the 2023 Medicare Trustees' Report
The Trustees for the Social Security and Medicare programs have released their annual reports for 2023, updating the financial state of the programs’...
Analysis of the 2023 Social Security Trustees' Report
The Social Security and Medicare Trustees today released their annual reports on the financial state of the Social Security and Medicare programs over...
Marc Goldwein's House Testimony on Biden's Student Loan Policies
On March 23, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein will testify before the House...
Analysis of the President's FY 2024 Budget
The Biden Administration released its Fiscal Year (FY) 2024 budget proposal today, outlining President Biden’s priorities over the next decade. The...
Analysis of CBO's February 2023 Budget and Economic Outlook
The Congressional Budget Office (CBO) released its latest Budget and Economic Outlook today, projecting the nation’s fiscal and economic future over...