Debt & Deficits
Latest
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Eugene Steuerle: How Existing Budgetary Commitments Could Affect President Biden’s Domestic Policy Goals
Read moreThe COVID-19 pandemic and accompanying recession laid bare many of the needs of working families and children, as well as federal, state, and local... -
CRFB Launches Suite of Budget Games
Read moreToday the Committee for a Responsible Federal Budget launched Budgeting for the Future, a suite of interactive games related to the federal budget and... -
New Poll Finds Americans Worry About the Debt and Want the Budget More Balanced Between Generations
Read moreA new Ipsos poll finds that a strong majority of Americans are concerned about the national debt and want federal spending to be more balanced between... -
Senator Lummis Introduces Sustainable Budget Act
Read moreSenator Cynthia Lummis (R-WY) recently introduced the Sustainable Budget Act with Senators Joni Ernst (R-IA), Kevin Cramer (R-ND), Mike Rounds (R-SD)... -
Kinzinger and Phillips Call for a Bipartisan Commission to Address the Deficit
Read moreRepresentatives Adam Kinzinger (R-IL) and Dean Phillips (D-MN) recently introduced a joint resolution to establish a National Committee on Fiscal... -
GAO Releases Long-Term Budget Outlook
Read moreThe Government Accountability Office (GAO) recently published its latest report on the nation’s long-term fiscal outlook. Once again, GAO warns that... -
Committee Sends Congress a Briefing Book on the Budget
Read moreThe Committee for a Responsible Federal Budget recently shared our updated " Briefing Book for a Fiscally Responsible 117 th Congress" with... -
Burchett and Case Reintroduce RAFT Act
Read moreEstablishing fiscal goals, including debt targets, is one proactive way to begin to tackle our nation's unsustainable fiscal situation. Legislation... -
New Budget Projections Show Record Deficits and Debt
Read moreNow that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a... -
How High Are Federal Interest Payments?
Read moreThis year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all... -
Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an... -
New Report Shows Troubling Outcomes for Short-Term-Education Programs
Read moreYesterday, New America published a new report by Monique O. Ositelu measuring employment outcomes of students who obtained short-term-education...