Latest
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreIn a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he...
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Appropriations Watch: FY 2026
Read moreUpdated 1/7/25: On January 5, leaders in the House and Senate released a bipartisan package that would provide full-year Commerce, Justice, and...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 1/6/26: On December 31, 2025, the enhanced Affordable Care Act subsidies included in the American Rescue Plan Act and the Inflation Reduction...
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Top 13 Fiscal Charts of 2025
Read moreIt was an eventful year for fiscal policy in 2025. With large parts of the Tax Cuts and Jobs Act (TCJA) set to expire, lawmakers used the...
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Romney Stresses Need for Entitlement Reform, Revenue Increases in NYT
Read moreFormer Senator Mitt Romney (R-UT), a board member of the Committee for a Responsible Federal Budget, published a guest essay in The New York Times...
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New Paper Estimates Upper Limit on Debt
Read moreIn a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, and Stijn Van Nieuwerburgh...
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Reference Pricing for the FEHB
Read moreHealth care spending represents about 18% of the nation’s economy and the largest area of federal spending. High and rising health care costs are...
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House Passes Deficit-Reducing Health Bill
Read moreThe House passed the Lower Health Care Premiums for All Americans Act. The bill – one of more than a dozen plans released in recent weeks ahead of the...
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Reflections on the 2025 Ed Lorenzen Fiscal Internship
Read moreBy: Maddie Brown Shirley I am honored by the opportunity to continue Ed Lorenzen's legacy as this year’s Ed Lorenzen intern. Ed was a pillar in the...
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The Case for Funding ACA Cost-Sharing Reductions
Read moreThe House is scheduled to vote today on the Lower Health Care Premiums for All Americans Act. Among other provisions, the legislation requires the...
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ACA Subsidy Extension Tracker
Read moreWith the Affordable Care Act (ACA) enhanced subsidies set to expire soon, several policymakers have proposed plans to extend the enhancements. You can...
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Trillion-Dollar Interest Payments Are the New Norm
Read moreAs the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 –...