Committee for a Responsible Federal Budget
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Papers

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

Feb 9, 2017 | Budgets & Projections

President Trump's Historic Debt Dilemma

As President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters...
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Feb 7, 2017 | Budgets & Projections

Principles for the Fiscal Year 2018 Budget Resolution

The Congressional budget resolution is a guiding document that should establish the nation’s budget priorities, the approach to financing them...
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Jan 31, 2017 | Health Care

Chartbook: Affordable Care Act "Repeal & Replace" Effects & Implications

Below is a chartbook on the effects and implications of "repeal and replace" of the Affordable Care Act (ACA). Below are the charts with...
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Jan 24, 2017 | Budgets & Projections

CBO’s January 2017 Budget and Economic Outlook

As President Trump enters his first full week in office, new Congressional Budget Office (CBO) projections show that he faces an unsustainable fiscal...
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Jan 17, 2017 | Health Care

Principles for Responsible "Obamacare" Repeal and Replace

Policymakers are expected to soon consider legislation to repeal and possibly replace large parts of the Affordable Care Act (“ACA” or...
Jan 9, 2017 | Budget Process

A Long-Term Budget for Entitlements and Required Revenues

by Stuart Butler and Maya MacGuineas This paper represents a joint project of the Brookings Institution and Committee for a Responsible Federal...
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Jan 4, 2017 | Health Care

The Cost of Full Repeal of the Affordable Care Act

The Affordable Care Act (ACA), also known as “Obamacare,” includes a number of provisions to expand health care coverage, as well as...
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Dec 14, 2016 | Budgets & Projections

The Cost of Rising Interest Rates

Over the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget. Last year, the federal...
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Dec 8, 2016 | Social Security

A Bipartisan Social Security Commission

In 1981, the Social Security trust funds were nearly empty and President Ronald Reagan and Congressional leaders in both parties appointed the...
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Dec 6, 2016 | Budget Process

Reconciliation 101

What is reconciliation? Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers...
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Dec 1, 2016 | Budgets & Projections

Governing through Leadership: Steps to Secure Our Fiscal Future

A Memorandum to President-Elect Donald J. Trump    TO: President-Elect Donald J. Trump  FROM:  ...
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Nov 3, 2016 | Budgets & Projections

A Lame Duck President in 2017?

by C. Eugene Steuerle, Maya MacGuineas, Tyler Evilsizer, and Caleb Quakenbush This report represents a joint project of the Urban-Brookings Tax...
Hillary Clinton & Donald Trump
Oct 18, 2016 | Budgets & Projections

What Would Clinton and Trump Need to Do to Address the Debt Along with their Policy Agendas?

We recently estimated that Clinton's policies would likely add $200 billion to the debt over the next decade, while Trump’s policies...
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Sep 22, 2016 | Budgets & Projections

Promises and Price Tags: An Update

Update: On November 2, 2016, we added an appendix to this update that summarizes the policies that the candidates have released.  The next...
Social Security
Sep 20, 2016 | Social Security

Sizing Up Social Security's Solvency Challenge

Social Security faces a large shortfall between scheduled benefits and dedicated revenue, and the program is currently on a path toward insolvency....
Alice Rivlin
Sep 8, 2016 | Budgets & Projections

CRFB Board Member Alice Rivlin's Testimony on the Direction, Drivers, and Dangers of the Federal Debt

On September 8, 2016, CRFB Board Member and Brookings Institution Senior Fellow Alice Rivlin testified before the Joint Economic Committee on "...
Sep 8, 2016 | Budgets & Projections

CRFB Co-Chair Governor Mitch Daniels's Testimony on the Direction, Drivers and Dangers of the Federal Debt

On September 8, 2016, CRFB Co-Chair and president of Purdue University Governor Mitch Daniels testified before the Joint Economic Committee on "...
Sep 8, 2016 | Budgets & Projections

Fix The Debt Co-Chair Senator Judd Gregg's Testimony on the Direction, Drivers and Dangers of the Federal Debt

On September 8, 2016, Campaign to Fix the Debt Co-Chair and former Senator Judd Gregg (R-NH) testified before the Joint Economic Committee on "...
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Running on Empty? Fiscal Space and the Next Recession

The national debt increased dramatically during and after the Great Recession, rising from 35 percent of Gross Domestic Product (GDP) in 2007 to 66...
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Aug 23, 2016 | Budgets & Projections

Report: Analysis of CBO's August 2016 Budget and Economic Outlook

Budget deficits are on the rise, according to the Congressional Budget Office’s (CBO’s) budget and economic projections released today....

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