Committee for a Responsible Federal Budget
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Prevent Government Shutdowns Act of 2021 Introduced in the Senate

Recently, Senators James Lankford (R-OK) and Maggie Hassan (D-NH) introduced the Prevent Government Shutdowns Act of 2021 (PGSA). The bill would...

SALT Cap Repeal Does Not Belong in Reconciliation

For Immediate Release Though the recent draft tax legislation proposed by the Ways and Means Committee is silent on the issue of the $10,000 state...

Better Targeting in Reconciliation

As lawmakers negotiate the details of their reconciliation package , they will need to scale back some of their ambitions to prevent arbitrary policy...
Sep 10, 2021 | Blog Paper Press Release Event

SALT Cap Repeal Would Be a Costly Mistake

Recent reports indicate Congress may repeal the $10,000 cap on the State and Local Tax (SALT) deduction in its $3.5 trillion reconciliation bill,...

Closing the Stepped-Up Basis Loophole

Reconciliation should not add a penny to the national debt. As lawmakers work to craft a package with $3.5 trillion of new spending and tax breaks...

CBO Reports $173 Billion Deficit for August

The United States borrowed over $2.7 trillion in the first 11 months of fiscal year 2021, including $173 billion in August, according to the latest...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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