Committee for a Responsible Federal Budget

Media Coverage

Jan 24, 2017|Roll Call

Republicans Could Face Trouble Balancing Next Budget

The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years.

The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen... nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
The nonpartisan Committee for a Responsible Federal Budget estimates that if Republicans write a repeal that is similar to the last one, it would save $750 billion over the next 10 years. - See more at: http://www.rollcall.com/news/policy/republicans-balancing-budget-challen...
Jan 23, 2017|CNN Money

Can Trump and his budget director get on the same page?

"He has his work cut out for him to figure out how to reconcile Donald Trump's policy promises with a plan to get the debt under control," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

Jan 22, 2017|The Hill

What we know and don’t know about Trump’s healthcare plans

The Committee for a Responsible Federal Budget estimated the plan would result in 21 million people losing coverage, largely due to the repeal of ObamaCare.

Jan 22, 2017|The Columbus Dispatch

Repeal of Obamacare without a replacement would increase US debt

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, an independent nonprofit, said Republicans will "have to deal with the fact Obamacare - like it or not - was paid for, and they will have go through the tough exercise to pay for" their substitute.

Jan 20, 2017|Sputnik News

Trump's Drastic Spending Cuts Heavy on Promises, Light on Details

Previous estimates by the Committee for a Responsible Federal Budget show that Trump’s proposed health care policies would actually add $5.3 trillion to the national debt, so perhaps the first round of cuts will offset some of his other spending plans. That report also demonstrated that Republican initiatives aimed at repealing Obamacare would strip some 20,000,000 US citizens of health care coverage, FierceHealthcare reported.

Jan 20, 2017|The Superior Telegram

Call Duffy on ACA repeal

The nonpartisan Committee for a Responsible Federal Budget has estimated repealing the ACA would cost roughly $350 billion over 10 years.

Jan 20, 2017|Money Magazine

No, Trump’s Tax Cuts Won’t Pay for Themselves

Two other assessments of the plan come from Moody's Analytics, a Wall Street research firm run by prominent economist Mark Zandi, and another Washington think tank, the Committee for a Responsible Federal Budget, which is hawkish on deficits. Of these four, only the CRFB analysis did not incorporate dynamic scoring in its assessment.

Jan 20, 2017|Beursduivel.be

Trump government is targeting growth of 4 percent

Translated Text, Article Originally Written in Dutch: "However, economists are skeptical. According to them is hampered sustainable economic growth by issues such as a lack of productivity and aging. The Committee for a Responsible Federal Budget wrote in a response to a growth rate of 4.0 percent, 'it is almost impossible to achieve over a longer period, and that too without taking into consideration external factors.'"

Jan 20, 2017|The Wall Street Journal

Donald Trump’s Presidency: A Look at His Proposed Policy Shifts

Analysts at the Committee for a Responsible Federal Budget, which advocates for deficit reduction, said it is fanciful to suggest the actuarial imbalance of the program can be addressed by simply getting rid of waste, fraud and abuse, as Mr. Trump has suggested. The Social Security Administration estimates that improper payments total $5 billion a year, or around 3% of the $150 billion needed every year to make the program solvent.

Jan 18, 2017| Capital Research Center

We Won’t Always Have Paris: Climate treaty reveals global elites’ dishonesty, extremism, lack of intelligence

That’s almost as much money the U.S. federal government spent on defense in 2015, according to 2015 spending numbers from the bipartisan Committee For Responsible Federal Budget. The required annual spending is almost 3.7 times more than the $131.57 billion China spent on its military in 2014.

Jan 18, 2017|California Healthline

Hundreds Of Thousands Of Californians Missing Out On Subsidies

Separate reports released Tuesday offered differing strategic advice and policy recommendations for lawmakers grappling with the repeal and replacement of the Affordable Care Act. A new report by The Committee for a Responsible Federal Budget says any repeal-and-replace legislation should embody three basic principles: Reduce the national debt, replace or strengthen the health care law’s cost-control measures, and maintain or improve Medicare solvency.

Jan 18, 2017|The Hill

Trump scrambles GOP's healthcare plans

Trump also promised during the campaign to “take care of everybody,” but the healthcare plan he proposed would have resulted in 21 million people losing coverage, according to an analysis from the Committee for a Responsible Federal Budget. 

Jan 17, 2017|The News & Observer

Some advice for those grappling with getting rid of Obamacare

A new report by The Committee for a Responsible Federal Budget says any repeal-and-replace legislation should embody three basic principles: Reduce the national debt, replace or strengthen the health care law’s cost-control measures, and maintain or improve Medicare solvency.

Jan 17, 2017|Andolu Agency

Obamacare repeal to leave 18 ml uninsured in first year

Repealing Obamacare is expected to increase the new government’s budget deficit as much as $350 billion in the next 10 years, according to a report by Committee for a Responsible Federal Budget.

Jan 17, 2017|Omaha World-Herald

Where has deficit discipline gone?

The bipartisan Committee for a Responsible Federal Budget recently reported that a full repeal [of the ACA] would add between $150 billion and $350 billion to the debt over the next 10 years.

Under a fiscally responsible approach, the Committee for a Responsible Federal Budget advised, “savings from repealing parts of the ACA must be large enough to not only finance repeal of any of ACA’s offsets, but also to pay for whatever ‘replace’ legislation is put forward. This is not an easy task, and it will likely require policymakers to retain or replace the majority of ACA’s health and revenue offsets.”

Jan 17, 2017|Bloomberg Politics

Debt and Deficits Under the Trump Administration

Mark Halperin, senior political analyst for Bloomberg TV, cites our "Promises and Pricetags" analysis of President Trump's policy agenda. 

Jan 17, 2017|CBS News

Federal watchdog: U.S. government spending "unsustainable"

The GAO did not take into account President-elect Donald Trump’s ambitious fiscal plans. But the nonpartisan Committee for a Responsible Federal Budget forecast last fall that federal debt as a share of GDP, now 77 percent, would explode to well above 100 percent by 2026 if his program was enacted in full. 

Jan 17, 2017|The Post Observer

Obamacare repeal moves forward with House approval

The nonpartisan Committee for a Responsible Federal Budget said earlier this month that repealing President Barack Obama's signature health insurance law in its entirety would cost roughly $350 billion over the next decade.

Jan 17, 2017|Shocking Tulsa

Cancer Survivor and Former Republican Tells Paul Ryan Obamacare Saved His Life

The nonpartisan Committee for a Responsible Federal Budget estimated repealing Obama's signature health insurance law entirely would cost roughly $350 billion over 10 years.

Jan 16, 2017|Economics21

Meaningful Budget Reform from Chairman Price

For these and other reasons I have previously written that Congress should consider repairing the budget scorekeeping rules.  Other budget watchdogs, such as the Committee for a Responsible Federal Budget, have made similar proposals.  

Jan 16, 2017|Investopedia

The Beginning of the End of Obamacare

The nonpartisan committee for a Responsible Federal Budget estimated repealing Obama's signature health insurance law entirely would cost roughly $350 billion over 10 years, reports Reuters.

Jan 16, 2017|The Cash Gazette

House takes first steps to repeal Obamacare

"The current provisions are still intact until we can get a replacement in place, but this allows Congress to start developing the replacement policies", Reed said.

What happened on Wednesday night, explained Ed Lorenzen of the Committee for a Responsible Federal Budget, was about process.

With the approval of a budget in the House Friday, Republicans in Congress are hurtling toward an ACA repeal at a breakneck speed. They control only 52 seats. 48 percent feel he should back Congressional efforts to ax Obamacare while 47 percent think he shouldn't.

Jan 16, 2017|The Asheville Citizen-Times

Our view: Time to expand Medicaid for people, not politics

The Affordable Care Act is the most important advance in U.S. health care since Medicare and Medicaid were enacted half a century ago. Repeal would leave 23 million people without coverage, according to the Committee for a Responsible Federal Budget. Who in his right mind wants that?

Jan 16, 2017|Duluth News Tribune

Duffy, in town hall, defends conservative views

Quoting from a letter she submitted earlier in the day to the Superior Telegram, Flemmen cited the Committee for a Responsible Federal Budget's estimate that repealing that act would cost roughly $350 billion over 10 years.

Jan 16, 2017|Defense News

John McCain Has a Big-League Defense Buildup, Too. New White-Paper Released.

Trump’s plan to lift spending caps would add roughly $450 billion to the federal deficit over the next decade, according to the Committee for a Responsible Federal Budget. To offset that cost, Trump has pledged to find savings in other areas; That includes cutting spending that has not been formally authorized by a legislative committee, which would save about $150 billion, according to CRFB estimates.
Jan 15, 2017|The Tribble Agency

House takes first steps to repeal Obamacare

The Committee for a Responsible Federal Budget, which is non-partisan, has said repealing President Barack Obama’s signature health insurance law entirely would cost roughly $350 billion (£287bn) over 10 years.

Jan 15, 2017|The Orange County Register

California gets ready to rumble with Donald Trump over taxes

 Californians paid $362 billion to the federal government in fiscal year 2015 – about $100 billion more than they got back, according to the most recent IRS statistics.

That $362 billion includes income taxes paid by individuals and businesses, as well as payroll taxes (Social Security and Medicare), federal gas taxes and estate taxes on very large inheritances. It captures nearly all federal revenue – about 90 percent – and is a solid measure to use, according to researchers at the Committee for a Responsible Federal Budget.

Jan 15, 2017|ETF Daily News

China At Risk Of Increased Instability In 2017

To pay for expanded coverage, the ACA introduced additional taxes and fees on insurance carriers, firms and individuals. Many in Congress would like to provide immediate relief from these costs, but the loss of revenue without the elimination of expense would leave a dent in the Federal Budget. Further, the non-partisan Committee for a Responsible Federal Budget reported this month that ACA repeal could hasten the insolvency of Medicare.

Jan 14, 2017|The Northwoods River News

Political Digest

Maya MacGuineas, president of the Committee for a Responsible Budget, said reconciliation legislation is considered under special expedited procedures and should be used to enact the tough choices necessary to reduce the debt trajectory, not to make tax and spending giveaways even easier to deliver.

Jan 14, 2017|Reuters

House votes to begin repealing Obamacare

The nonpartisan Committee for a Responsible Federal Budget estimated repealing Obama's signature health insurance law entirely would cost roughly $350 billion over 10 years.

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