Latest
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States Exploit SDP Grandfathering, Driving Up Medicaid Costs
Read moreThe One Big Beautiful Bill Act (OBBBA) included important reforms to limit states’ costly use of State Directed Payments (SDPs) in the Medicaid...
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Any War Supplemental Should Be Responsibly Targeted
Read moreAs the military conflict with Iran continues, there has been increasing discussion over a possible “war supplemental” to help fund the U.S. military...
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Maya MacGuineas's Senate Testimony on the Fiscal Outlook 2027-2036
Read moreOn March 11, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the Fiscal Responsibility and Economic Growth...
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Maya MacGuineas: NC can set example on Social Security this November
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Carolina Journal, an...
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OBBBA Dynamic Score Comes In at $4.7 Trillion
Read moreThe “One Big Beautiful Bill Act” (OBBBA) will add $4.2 trillion to the national debt through Fiscal Year (FY) 2034 or $4.7 trillion through 2035 after...
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Bipartisan, Bicameral Support for a Fiscal Commission
Read moreSenators John Curtis (R-UT) and Angus King (I-ME) recently introduced the Fiscal Commission Act , a bipartisan bill that would establish a fiscal...
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Break Glass: A Plan for the Next Economic Shock
Read moreThe U.S. has never experienced an economic shock as indebted as we are today. Recessions and other economic shocks are inevitable. Although the timing...
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12-Month Rolling Deficit is $1.6 Trillion in February 2026
Read moreThe federal government borrowed $1.6 trillion over the past year – March 2025 to February 2026 – based on estimates from the Congressional Budget...
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CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026
Read moreThe United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the...
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CBO Projects Possible Debt Spiral, as R Exceeds G
Read moreThe U.S. national debt has long been on an unsustainable path. Nonetheless, for most of the 20th century, debt sustainability has been bolstered by...
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CRFB Releases Social Security: Just the Facts
Read moreSocial Security is the bedrock of the U.S. retirement system, providing benefits for 70 million Americans. And yet, with the program projected to be...
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Bipartisan Momentum Builds for the Fiscal Contingency Preparedness Act
Read moreUpdated on 3/4/26 to reflect additional support. The Fiscal Contingency Preparedness Act (FCPA), introduced last year by Representatives Ben Cline (R...