Debt Ceiling
Latest
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Reforming the Debt Ceiling
Read moreThe debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on extraordinary measures and...
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Responsible Budgeting Act Reintroduced in the House
Read moreOn February 6, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, along with Representatives...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 1/9/2024: The President signed a continuing resolution on December 21, 2024, that runs through March 14, 2025. Lawmakers will need to pass...
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Debt Ceiling Q&A
Read moreAfter being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt...
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House Lawmakers Reintroduce Debt Ceiling Reform Legislation
Read moreOn September 20, Representatives Scott Peters (D-CA) and Bill Huizenga (R-MI), Co-Chairs of the Bipartisan Fiscal Forum, reintroduced the Responsible...
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CBO Estimates $1.4 Trillion Deficit For First 9 Months of Fiscal Year
Read moreIn the first nine months of fiscal year 2023, the United States borrowed $1.4 trillion, with a $225 billion deficit in June, according to the latest...
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Chartbook: The Fiscal Outlook After the Debt Limit Deal
Read moreThe recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
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Marc Goldwein on CNBC's "Squawk Box"
Read moreCommittee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
Read moreThe President signed the Fiscal Responsibility Act on June 3 rd, legislation to suspend the debt ceiling, limit discretionary spending, and generate...
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Maya MacGuineas on MSNBC's "The Saturday Show"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined MSNBC's "The Saturday Show" with host Jonathan Capehart to...
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A Bipartisan Win for Fiscal Responsibility
Read moreThe Senate recently passed the Fiscal Responsibility Act (FRA), sending the bill to President Biden to be signed into law. The bill as written...
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How Much Would the Fiscal Responsibility Act Save?
Read moreThe House-passed Fiscal Responsibility Act of 2023 (FRA) would suspend the debt limit and meaningfully reduce budget deficits – but by how much...