Press Releases

Nov 29, 2018 | Taxes

Tax Extenders Should Not Add to the Deficit

For Immediate Release The House of Representatives is considering this week the Retirement, Savings, and Other Tax Relief Act of 2018, which revives...
Nov 29, 2018 | Budget Process

JSC Failure is Disappointing

For Immediate Release The Joint Select Committee on Budget and Appropriations Process Reform (JSC) today failed to report its proposed legislation....
Nov 14, 2018 | Budget Process

CRFB Statement on Joint Select Committee Markup

For Immediate Release The Joint Select Committee on Budget and Appropriations Process Reform (JSC) today released a ‘co-chairs mark’ and announced...
Oct 24, 2018 | Taxes

Further Tax Cuts Would Be Irresponsible

For Immediate Release Recently, President Trump called for a new 10 percent middle class tax cut, which news reports suggest Congress is working to...
Oct 15, 2018 | Budgets & Projections

FY 2018 Deficit Was $779 Billion

For Immediate Release The Treasury Department today released a report showing the official fiscal year 2018 deficit was $779 billion, an increase of...
Sep 26, 2018 | Other Spending

Appropriations Process Still Broken

For Immediate Release Congress has passed a minibus appropriations bill containing two of the 12 appropriations bills and a continuing resolution...
Sep 11, 2018 | Taxes

Further Tax Cuts are the Height of Fiscal Irresponsibility

For Immediate Release The House Ways and Means Committee released “Tax Reform 2.0" Monday night, which would make permanent most of last year’s tax...
Aug 2, 2018 | Taxes

CRFB Reacts to Capital Gains Tax Proposal

For Immediate Release Recently, a number of proposals have emerged to modify the capital gains tax – either by legislation or through administrative...
Concept_Health Care_Senior
Aug 1, 2018 | Health Care

Proposed Senate Point of Order Would Limit Health Care Proposals in Budget Reconciliation

For Immediate Release Today, 12 senators introduced a proposal that would establish a new Senate point of order to restrict the types of changes...
Jul 24, 2018 | Taxes

Further Debt-Financed Tax Cuts Beyond Irresponsible

For Immediate Release Today, the House is scheduled to vote on the first of several of health-related tax cuts, which could total over $100 billion...