Latest
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$10 Trillion to Get to 3% and Other Fiscal Goals
Read moreDeficits would need to be reduced by $9.5 trillion over the next decade to stabilize debt at 100% of Gross Domestic Product (GDP). Roughly $10...
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Bipartisan Momentum Builds for the Fiscal Contingency Preparedness Act
Read moreThe Fiscal Contingency Preparedness Act (FCPA), introduced last year by Representatives Ben Cline (R-VA) and Jared Golden (D-ME) in the House as well...
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Broad, Bipartisan Support for a 3% Deficit Target
Read moreUpdated February 20, 2026, to reflect additional support. Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan...
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CRFB Reacts to Supreme Court Tariff Ruling
Read moreThe Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal...
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Pell Grant Program Faces Serious and Immediate Shortfall
Read moreThe Pell Grant program will end 2026 in the red and faces a cumulative 10-year shortfall exceeding $100 billion, according to the Congressional Budget...
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SCOTUS Tariff Ruling Could Add $2.4 Trillion to the Debt
Read moreToday the Supreme Court ruled that the International Emergency Economic Power Act (IEEPA) does not authorize the President to impose tariffs. We...
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Debt Could Reach 131% of GDP Under an Alternative Scenario
Read moreUnder the Congressional Budget Office's (CBO) new February 2026 baseline, deficits will total $26 trillion – about 6.1% of Gross Domestic Product (GDP...
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Chartbook: The February 2026 CBO Baseline: What It Says (and What It Means)
Read moreOn February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026...
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Appropriations Watch: FY 2026
Read moreUpdated 2/17/26: On February 14, Homeland Security funding expired, causing a partial government shutdown affecting only that department. The spending...
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Maya MacGuineas: Myths and Fearmongering are Driving Social Security to Insolvency
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an...
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Upcoming Congressional Fiscal Policy Deadlines
Read moreUpdated 2/17/26: On February 14, Homeland Security funding expired, causing a partial government shutdown affecting only that department. The spending...
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What Happens If DHS Shuts Down
Read moreFunding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will...