Latest
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GDP Did Not Just Increase 33%
Read moreToday's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
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The Cost of the Trump and Biden COVID Response Plans
Read moreThe COVID pandemic has caused considerable economic damage and human suffering. Policymakers responded aggressively this spring to address the...
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A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
Read moreThe Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...
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CBO Shows "Interest" in Greater Transparency
Read moreThe Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...
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Maya MacGuineas: Trump and Biden must answer critical budget questions
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
Read moreThe bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...
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Factchecking Tax Claims in the 2020 Election
Read moreIn recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We summarize and...
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Problem Solvers Release Budget Principles
Read moreEarlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
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IMF Report Underscores Need for Long-Term Deficit Reduction in U.S.
Read moreThe International Monetary Fund (IMF) made news earlier this week when it issued a report saying that most advanced economies will not need future...
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Treasury Shows Record Borrowing
Read moreThe Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
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Mike Murphy and Steve Richardson: Our bitter polarization won’t end with the election
Read moreMike Murphy is t he director of the Committee for a Responsible Federal Budget's FixUS initiative. He recently wrote an opinion piece with FixUS...
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Update: COVID-Related State & Local Aid Will Total $280 Billion
Read moreOur update to COVID Money Tracker this week incorporated new Medicaid estimates from the Congressional Budget Office (CBO). These new Medicaid...