Latest
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Important to Pay For Child Tax Credit Expansion
Read moreFor Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000...
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Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID relief...
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How Much Would the American Rescue Plan Overshoot the Output Gap?
Read moreThe Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and potential...
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CBO Releases New 10-Year Economic Projections
Read moreYesterday, the Congressional Budget Office (CBO) released a new set of ten-year economic projections, illustrating the economic damage from the COVID...
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America Faces a $380 Billion Output Gap
Read moreToday's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...
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New CBO Data Makes Case for More Targeted COVID Relief Plan
Read moreFor Immediate Release As policymakers debate a new round of COVID relief, new Congressional Budget Office (CBO) data suggests a modest fiscal package...
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Biden Campaign Plan Offers Menu of Offsets
Read moreWith Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
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Mitch Daniels: We were right to worry about the nation’s fiscal future
Read moreMitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an opinion piece for The Washington Post about the lack of...
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What Do Today's GDP Numbers Tell Us About the Output Gap?
Read moreThe Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real GDP...
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How Much COVID Relief Money Is Left?
Read moreNote: Data updates on February 3, 2021 reduce the difference between legislative amount allowed and committed/disbursed from $1.3 trillion to $1.1...
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What’s New in COVID Money Tracker?
Read moreThis week we updated COVID Money Tracker with all of the major provisions from the $915 billion 1 in COVID relief provisions in December’s...
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Statement on the Confirmation of Janet Yellen as Treasury Secretary
Read moreFor Immediate Release Former Federal Reserve Board Chair Janet Yellen, who had been serving on the board of the Committee for a Responsible Federal...