Latest
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The Case for Trust Fund Solutions
Read moreSome of the nation’s most important government programs are financed with dedicated revenue sources using federal trust funds. Four of those programs...
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Washington Must Kick Its Addiction to Debt
Read moreThe Committee for a Responsible Federal projects that with the passage of the American Rescue Plan, the national debt will reach a new record this...
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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...
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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...
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Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...
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Understanding the $1 Trillion in Unspent COVID Relief Funding
Read moreThe Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized. Yet...
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Committee Reacts to House Passage of American Rescue Plan
Read moreFor Immediate Release The House today approved a COVID relief bill to continue combating the pandemic and supporting the economic recovery, which will...
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FY 2021 Deficit Already Passed $1 Trillion Threshold
Read moreFor Immediate Release The United States’ budget deficit for the first five months of fiscal year 2021 has eclipsed $1 trillion, according to the...
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Committee Response to Senate-Passed American Rescue Plan
Read moreFor Immediate Release The Senate today approved a COVID relief bill to continue combating the pandemic and supporting the economic recovery. The...
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American Rescue Plan Could Set Stage for $4 Trillion of Debt
Read moreThe American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of the...
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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...
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CBO Outlook Highlights Massive Debt Challenges
Read moreFor Immediate Release The Congressional Budget Office (CBO) released a full report on its Long-Term Budget Outlook today, which shows an unsustainable...