Latest
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House Budget Committee Examines 3% Deficit-to-GDP Target
Read moreOn March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal...
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Inflation Spikes to Highest in Nearly Two Years
Read moreThe Consumer Price Index (CPI) increased a massive 0.9% in March, driven largely by rising energy prices, and is up 3.3% over the past year – putting...
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Event Recap: Boomerang: Wealth, Retirement, and the Generational Divide
Read moreOn April 8, the Committee for a Responsible Federal Budget hosted Boomerang: Wealth, Retirement, and the Generational Divide. This Trust Fund...
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Recap: Maya MacGuineas Testifies Before Senate Finance Subcommittee
Read moreOn March 11, the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth held a hearing titled “The Fiscal Outlook: 2027-2036.” The...
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12-Month Rolling Deficit is $1.6 Trillion in March 2026
Read moreThe federal government borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). CBO estimates...
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CBO Estimates $1.2 Trillion Deficit for First Half of FY 2026
Read moreThe United States borrowed $1.2 trillion in the first six months of Fiscal Year (FY) 2026, including $163 billion in March, according to the latest...
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CMS Abandons Efforts to Rein in Medicare Costs
Read moreAfter proposing meaningful reforms to reduce Medicare Advantage (MA) overpayments in January, the Centers for Medicare & Medicaid Services (CMS)...
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Comments on Proposed Workforce Pell Grant Rule
Read moreOn April 8, 2026 the Committee for a Responsible Federal Budget's Senior Policy Advisor for Higher Education Alexander Holt submitted comments on the...
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Senators Introduce 3% Fiscal Target Resolution
Read moreSenators Kevin Cramer (R-ND) and Angus King (I-ME), along with Senators Dave McCormick (R-PA) and Gary Peters (D-MI), recently introduced a resolution...
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An Overview of the President's FY 2027 Budget
Read moreThe Trump Administration released its Fiscal Year (FY) 2027 budget request today. While the President’s budget typically presents a comprehensive plan...
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CRFB Statement on President’s FY 2027 Budget
Read morePresident Trump released his Fiscal Year (FY) 2027 budget request today. The President’s budget is intended to outline the Administration’s priorities...
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Potential Steel and Aluminum Tariff Changes Would Raise $70 Billion
Read moreNote: (04/02/2026) The Administration's proclamation issued today adjusting tariffs on the imports of steel, aluminum, and copper differs from...