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The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from...

David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of options to reduce the deficit. We...

According to a recent press report, the House may try to claim $3 trillion of deficit reduction as a result of “assumed economic growth from tax cuts”...

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates...

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt...

In a closed-door meeting with House Leadership today President Trump reportedly outlined his tax priorities. According to press reports, they included...

The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion to $111 billion ten-year...

A recent press report indicated that House leadership may be considering a budget resolution that would allow up to $5.5 trillion of net primary...

On February 1, 2025, President Trump signed three executive orders imposing new tariffs on goods from China, Canada, and Mexico. Below is an update of...

According to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to allow up to $5.5...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the...