Latest
-
Eugene Steuerle: This is not your grandfather's debt problem
Read moreNow that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during World War...
-
What's in the $3 Trillion HEROES Act?
Read moreUpdated on 6/3/2020 to reflect CBO's estimate of the HEROES Act. The House recently approved the HEROES Act designed to further address the public...
-
Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business. She joined host Maria...
-
Chartbook: The COVID-19 Crisis and Federal Response
Read moreThe economic crisis sparked by the COVID-19 pandemic has been sharper and more dramatic than any we have experienced in our nation’s history. Likewise...
-
Tim Penny: Pandemic-related federal aid: Make it fast, but also make it prudent
Read moreTim Penny is president & CEO of the Southern Minnesota Initiative Foundation and co-chair of the Committee for a Responsible Budget. He recently wrote...
-
CBO Releases Interim Economic Projections
Read moreThe Congressional Budget Office (CBO) has released a new set of economic projections for 2020 and 2021 showing a sharp economic contraction during the...
-
75% of Economic Impact Payments Have Been Paid So Far
Read moreThe $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments.” These...
-
Fed Mortgage-Backed Security Purchases Reached a New Record
Read moreThe Federal Reserve purchased nearly $180 billion in Mortgage-Backed Securities (MBS) last week, more than any week in history — including during the...
-
Robert Reischauer and Charles Blahous: Letter from Former Trustees of Social Security and Medicare
Read moreRobert Reischauer is a former public Trustee of the Social Security and Medicare Trust Funds, president emeritus of the Urban Institute, and a member...
-
COVID Response: How Much Money Has Been Made Available So Far?
Read moreThe fiscal and monetary policy response to the COVID-19 pandemic and subsequent economic crisis has been both swift and substantial. We have been...
-
Is the Fed Buying Our New Debt?
Read moreSo far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination with...
-
Join Us on Giving Tuesday to Help Those in Need
Read moreAs the country continues to combat COVID-19, the Committee for a Responsible Federal Budget is coming to you with a unique request. While the scale of...