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John Kasich: Balancing the Budget Became My Mission
Read moreJohn Kasich is the former Governor of Ohio and a member of the Board of Directors of the Committee for a Responsible Federal Budget. He recently wrote... -
Congress Clarifies Social Security's Retirement Ages
Read moreThe Senate passed the Claiming Age Clarity Act by unanimous consent this week. Having passed the House last December, the bill will now go to the... -
U.S. Ran a $2 Trillion Deficit Last Year, We Estimate
Read moreFiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits... -
Guest Essay – Post-WWII Versus Now: Similar Debt, Different Circumstances
Read moreBelow is a guest essay from Rebeca Stacey, a Summer 2026 Policy Intern at the Committee. The views expressed below are those of the author and may not... -
Washington Needs a Fiscal Intervention
Read moreLong-term interest rates are approaching their highest yields in 20 years today, with the 10-year Treasury yield topping 5.2% and the 30-year bond... -
Monitoring the Treasury Market with Fiscal Dashboard
Read moreThe Treasury market has been making headlines recently, amid poor Treasury auction results and heightened volatility in yields. While strong growth... -
CBO: 1% Higher Interest Rates Add Trillions to Debt
Read moreInterest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level... -
Don't Count on Growth to Fix the Debt
Read moreStrong economic growth will be needed to help fix the debt problems the country faces, and lawmakers should take growth effects into consideration... -
Bipartisan Fiscal Forum Co-Chairs Urge House Leadership to Act as Gross Debt Exceeds $40 Trillion
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, recently sent a letter to House Speaker Mike... -
Deficit Reduction Is Key to Improving Affordability
Read moreAmericans face many affordability challenges. High inflation, increasing interest rates, rising housing costs, growing health costs, elevated gas... -
Leon Panetta's House Budget Committee Testimony on America's Fiscal Future: Examining the Need for a Fiscal Commission
Read moreOn September 21, 2026, Committee for a Responsible Federal Budget Co-Chair and former Secretary of Defense Leon Panetta testified before a hearing of... -
CBO Projects Social Security Nearing Insolvency
Read moreSocial Security’s retirement trust fund will be insolvent by mid-2032, according to the latest projections from the Congressional Budget Office (CBO)...