Budget Process

Update 7/15: S&P has joined Moody's in issuing new warnings to the United States. Putting the country on "negative watch," S&P warned that it could...

CRFB has been calling pretty much continuously for a debt reduction package which puts everything on the table, addresses entitlement spending growth...

At a press briefing yesterday, President Obama invited Congressional leaders of both parties to the White House tomorrow to continue ongoing debt...

Yesterday CRFB President Maya MacGuineas appeared on Bloomberg Television to talk about how imperative it is to address our dire fiscal outlook while...

Last week the Economist published an article entitled America's debt ceiling: The mother of all tail risks. This article explains what could happen if...

Despite House Majority Leader Eric Cantor’s (R-VA) decision yesterday to withdraw from the Biden-led negotiations to avoid default, there is still...

Except in Miami – The Miami Heat weren’t hot enough, but Washington saw record temperatures last week. Capitol Hill may warm things up this week as...

In the last few weeks there has been an incredible amount of talk about using targets, triggers, caps, and failsafes to help set us on a sustainable...

In an op-ed today in the Washington Post, CRFB board members Erskine Bowles and Senator Alan Simpson argue that the Gang of Six -- despite hitting a...

Update: Check out our release on these "commonalities" here. As Vice President Biden and several members of Congress continue working toward a...

Crunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not...