Economics
Latest
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Alice Rivlin: Don’t undermine the Congressional Budget Office. Use it.
Read moreCongress faces a daunting legislative agenda: Health care is “complicated,” as President Trump recently discovered. So are tax reform and spending...
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Statement by Maya MacGuineas on the Inauguration of Donald Trump
Read moreThe Committee for a Responsible Federal Budget welcomes Donald Trump and Mike Pence as the President and Vice President of the United States. The new...
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Don't Count on 4% Growth
Read moreDuring the campaign, President-elect Trump frequently claimed his policies would grow the economy by 4 percent per year, also mentioning growth...
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Maya MacGuineas on Face the Nation
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas appeared on Face the Nation on November 20, 2016.
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Trump Will Face Highest Debt-to-GDP Ratio of Any New President Since Truman
Read moreWhen President-elect Donald Trump takes the oath of office on January 20, 2017, debt as a share of the economy will be higher than at the start of any...
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Are Bond Markets Signaling the "Announcement Effect"?
Read moreSince last week's election results, markets have reacted by pushing the yield for ten-year Treasury bonds up more than 0.3 percentage points to 2.2...
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How Clinton and Trump Could Affect Economic Growth
Read moreRecently, the Tax Policy Center (TPC) estimated the economic impact of Hillary Clinton's and Donald Trump's tax plans, finding that both plans would...
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Judd Gregg: Time for fiscal policy to drive growth
Read moreWe are in the midst of a slow and anemic economic recovery. Productivity, which drives any effective period of economic growth, has stagnated.
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Accounting For Growth With Trump's Fiscal Plans
Read moreLast week, we estimated that Donald Trump's policies would increase ten-year deficits by $5.3 trillion, resulting in debt held by the public reaching...
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Getting Real About Paying For Trump's Tax Plan
Read moreRepublican Presidential candidate Donald Trump announced significant revisions to his tax plan that would reduce its cost by about half, a change CRFB...
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Interest Rates Drive Changes in CBO's Latest Outlook
Read moreBy far the biggest revision to the Congressional Budget Office's (CBO's) latest ten-year budget projections are the lower projected interest rates...
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Running on Empty? Fiscal Space and the Next Recession
Read moreThe national debt increased dramatically during and after the Great Recession, rising from 35 percent of Gross Domestic Product (GDP) in 2007 to 66...