Committee for a Responsible Federal Budget

Media Coverage

Mar 16, 2017|The Street

Market-Driving Agenda Items Absent from Trump Budget

"This budget ignores the 70 percent of spending that is responsible for 90 percent of spending growth over the next decade and tells us nothing about how the Administration will address the nation's unsustainably rising national debt," wrote the Committee for a Responsible Budget in its analysis of the budget.

Mar 16, 2017|FactCheck.org

Trump Twists Jobs Numbers

Defense: Trump boasted that his budget “calls for one of the single largest increases in defense spending history in this country.” As we have written, Trump’s proposed FY2018 budget will include $603 billion in base defense spending, an increase of 9.4 percent from the current $551 billion. But Presidents Jimmy Carter and Ronald Reagan enacted double-digit increases in base defense spending five times in the 1980s — including increases of nearly 25 percent in fiscal 1981 and more than 20 percent in fiscal 1982. President George W. Bush’s base defense budget increases also were larger in 2002, 2003 and 2008, according to the Committee for a Responsible Federal Budget.

Mar 16, 2017|NewsMax

Trump Budget Includes $4 Billion for Border Wall

"This one appears as though it will be one of the skinniest budgets of recent memory. Possibly emaciated," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

Mar 16, 2017|Media Matters for America

Experts And Media Observers Stunned By Trump’s Budget Proposal

CRFB: In Attempt To Pay For New Defense Spending, Trump Cuts “From A Shrinking Slice Of The Pie.” In a March 16 response to the White House’s budget proposal, Maya MacGuineas, president of the right-leaning Committee for a Responsible Federal Budget (CRFB), questioned the sustainability of balancing new defense spending with offsets taken from “a shrinking slice of pie” -- non-defense discretionary spending -- and called on the administration to release a full vetting of its long-term tax and spending agenda

Mar 16, 2017|The Tribble Agency

Trump budget cuts environment and foreign aid spending

Marc Goldwein, senior policy director for the nonpartisan Committee for a Responsible Federal Budget, said of Trump: “I’m not sure he’s going to get Congress to support this level of cuts”.

Mar 16, 2017|The Tuckerman Times

Donald Trump budget plan may propose major cuts for foreign aid, environmental protection

“This one appears as though it will be one of the skinniest budgets of recent memory. Possibly emaciated,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. Social programs such as Social Security and Medicare account for the majority of overall US federal government costs. Trump pledged to protect the two programs during the 2016 campaign. “If they put out a budget as skinny as advertised, it might not really tell us a whole lot about the president’s overall budget and the direction of fiscal policy,” said Robert Bixby, executive director of the Concord Coalition, a nonpartisan budget reform advocacy group.

Mar 16, 2017|The Asheboro Courier-Tribune

Workers 50-64 face higher costs, less access under GOP health plan

Based on CBO projections, the legislation would push the trust fund into insolvency in 2023 rather than 2025, and “increase primary deficits in the trust fund by $150 billion through 2026,” according to the Committee for a Responsible Federal Budget, a nonprofit fiscal-policy organization.

Mar 16, 2017|The Dayton Daily News

Trump budget boosts military spending, cuts to other departments

The nonpartisan Committee for a Responsible Federal Budget called Trump’s spending plan woefully lacking in detail.

Maya MacGuineas, president of the Washington D.C. nonprofit, said in a statement:

“We understand that the new administration needs time to develop its comprehensive budget plan, but there is too little information and too few details to evaluate the budget. Generally, skinny budgets include proposals in all areas and show what these proposals will mean for deficits and debt over the next decade. This budget only gives us a picture of one and a half years and proposes changes to the 30 percent of spending that is discretionary.

“We need 100 percent of a plan for 10 years. Not 30 percent of a plan for just more than one year.”

Mar 16, 2017|The Las Vegas Review-Journal

Trump budget delivers on campaign promises

“Unfortunately, the budget does not include any proposals on mandatory spending or revenue and does not include any proposals or projections beyond 2018,” the Committee for a Responsible Federal Budget opined. “In this sense, this budget ignores the 70 percent of spending that is responsible for 90 percent of spending growth over the next decade and tells us nothing about how the Administration will address the nation’s unsustainably rising national debt.”

Mar 16, 2017|WHIO

Trump budget boosts military spending, cuts to other departments

The nonpartisan Committee for a Responsible Federal Budget called Trump’s spending plan woefully lacking in detail.

Maya MacGuineas, president of the Washington D.C. nonprofit, said in a statement:

“We understand that the new administration needs time to develop its comprehensive budget plan, but there is too little information and too few details to evaluate the budget. Generally, skinny budgets include proposals in all areas and show what these proposals will mean for deficits and debt over the next decade. This budget only gives us a picture of one and a half years and proposes changes to the 30 percent of spending that is discretionary.

“We need 100 percent of a plan for 10 years. Not 30 percent of a plan for just more than one year.”

Mar 16, 2017|Yahoo Finance

Medicare insolvency would move up to 2023 under Obamacare repeal bill

While the Trump administration has already broken his promise not to touch Medicaid by supporting the AHCA—and might look into Social Security changes—he has also indirectly broken his promise not to touch Medicare. According to the Committee for a Responsible Federal Budget, a nonpartisan group of budget hawks, the AHCA legislation would accelerate the insolvency of Medicare Part A’s Hospital Insurance fund from 2025 to 2023, resulting in deficits of $150 billion through 2026.

Mar 16, 2017|The San Francisco Chronicle

The dark message of Donald Trump’s budget

None of this would be in the service of fiscal responsibility — say, to make a dent in the national debt, which the budget’s introduction describes as “a crisis.” In fact, notes the Committee for a Responsible Federal Budget, the administration’s proposed increases in the current fiscal year would add $15 billion to the deficit to fund military operations and begin building a border wall — assuming, of course, that a reimbursement from Mexico isn’t in the mail.

Mar 16, 2017|The Los Angeles Times

The U.S. hit its debt limit again. Now the Treasury Department is maneuvering to avoid a default until Congress acts

“The debt ceiling isn’t a game of chicken,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. “It should be raised as soon as possible to ensure continued confidence in our economic system here at home and around the world.”

Mar 15, 2017|The Courier-Tribune

Q&A: Though the target of potshots, CBO widely seen as impartial and credible

“While no individual or organization can perfectly predict the future, the CBO has a long history of providing credible and impartial estimates based on the center of a range of likely outcomes,” said Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget. “CBO is our nation’s fiscal referee and should be respected even if you do not like the call.”

Mar 15, 2017|The Los Angeles Times

Q&A: What is the CBO, and can you trust its numbers on the Republican healthcare plan?

“While no individual or organization can perfectly predict the future, the CBO has a long history of providing credible and impartial estimates based on the center of a range of likely outcomes,” said Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget. “CBO is our nation’s fiscal referee and should be respected even if you do not like the call.”

Mar 15, 2017|Reuters

Trump budget would slice domestic programs, foreign aid

"This one appears as though it will be one of the skinniest budgets of recent memory. Possibly emaciated," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

Mar 14, 2017|MSNBC - Morning Joe

Rattner's charts: The losers of the AHCA

This video cites our chart of the AHCA's deficit reduction measures.

Mar 13, 2017|Newsweek

Trump’s budget proposal is ‘deal before arrival’

In contrast, the nonpartisan Committee for a Responsible Federal Budget estimated before the election that adopting all of Trump’s campaign promises—including tax cuts, the “wall” and infrastructure spending—would increase the public debt to 105 percent of GDP from 86 percent today. And that’s in part because he’s also promised not to touch entitlements like Social Security and Medicare.

Mar 13, 2017|The Huffington Post

How the Trump Tax Plan Will Affect You

Trump has said he plans to cut spending by $1.2 trillion in the next decade. But, as noted above, he plans to cut revenue by even more. If nothing else is done to address the shortfall, the national debt will grow by roughly $5.3 trillion (105 percent) by 2026, according to an estimate by the nonpartisan Committee for a Responsible Federal Budget.

Mar 13, 2017|Boston Globe

Fact Check: Trump administration may question, but CBO seen as generally impartial

“We desperately need neutral truth-tellers and fair scorekeepers. CBO is one that we have,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. “People shouldn’t mess with CBO.”

Mar 13, 2017|The Fiscal Times

Good News on Jobs Means Bad News on the Federal Debt

“This is one reason that we can’t really count on economic growth to fix all our problems because it has offsetting effects,” said Marc Goldwein, a senior vice president with the Committee for a Responsible Federal Budget. “Faster growth is always better than slower growth, but it’s not a pure win for the federal budget. There are offsetting effects in the form of higher interest payments and larger Social Security benefits.”

Mar 13, 2017|Bloomberg

Measuring Health Care Costs to U.S. Budget, Deficit

Maya MacGuineas, president at Committee for a Responsible Federal Budget, talks about costs associated with the American Health Care Act and how that plays into the budget presented by President Donald Trump. 

Mar 13, 2017|Washington Post

Trump budget expected to seek historic contraction of federal workforce

No description is available.

Mar 13, 2017|ABC News

This Week

The bipartisan Committee for Responsible (Federal) Budget had said that the 0.9 percent surcharge cut could lead to Medicare being insolvent. This is the kind of thing that people ought to be worried about for an accountable and open government. This is not what we're getting.

Mar 13, 2017|The Upshot: New York Times

The Five Big Numbers to Look For in the C.B.O. Report on Health Care Reform

Maya MacGuineas included on panel of experts. 

Mar 13, 2017|CNBC

CRFB president: Budget on track to worsen fiscal picture

Maya MacGuineas, Committee for a Responsible Federal Budget president, discusses the Trump administration's budget plan and the CBO's scoring for the Republican health care.

Mar 13, 2017|Fox Business

Deep cuts to EPA expected in Trump's first budget?

Marc Goldwein, CRFB's Senior Vice President and Senior Policy Director, was interviewed on what to expect from President Trump's first budget proposal.

Mar 13, 2017|The New York Times

Trading Health Care for the Poor for Tax Cuts for the Rich

The New York Times' editorial board cites our analysis of the JCT's score of ACA Repeal.

Mar 13, 2017|The Washington Times

What to do about the debt

Before the November election, the Committee for a Responsible Federal Budget calculated that the Trump agenda would cost the Treasury an additional $5.3 trillion over 10 years. Office of Management and Budget Director Mick Mulvaney says he wants to do better than that. “I’m hoping to put together something for the president to look at on the other pieces of entitlement spending, or mandatory spending,” he says. The president has not yet dealt with containing entitlement costs, which consumed $2.56 trillion in fiscal 2017, or 70 percent of the federal budget.

Mar 13, 2017|McClatchey DC

24 million would lose health coverage under GOP repeal bill in first decade, CBO says

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, which has its own take on the bill, said in a statement that CBO’s analysis should be taken seriously.

“While no individual or organization can perfectly predict the future, CBO has a long history of providing credible and impartial estimates based on the center of a range of likely outcomes,” MacGuineas said. “CBO is our nation’s fiscal referee and should be respected even if you do not like the call.”

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