Latest
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CBO's 2019 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its Long-Term Budget Outlook, again confirming the budget’s unsustainable long-term trajectory...
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Maya MacGuineas: America's Biggest Weakness is No Big Secret
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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Repealing SALT Caps Would Cost Another $500 Billion
Read moreThe Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...
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The Long-Term Debt is Out of Control
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook Tuesday, which warns that today’s high levels of...
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A Plan to Raise the Caps Without Breaking the Bank
Read moreDue to the large temporary increase in discretionary spending levels for Fiscal Years 2018 and 2019 in the Bipartisan Budget Act of 2018, spending is...
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Tax Extender Package Could Lead to $710 Billion of More Debt
Read moreUpdate 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
Read moreThe House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
Read moreA bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...
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Event Recap: Disability Policy for the 21st Century
Read moreOn Thursday, June 6, the Committee for a Responsible Federal Budget and the McCrery-Pomeroy SSDI Solutions Initiative hosted an event on " Disability...
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House Should Pass Budget Plan Before Spending More
Read moreFor Immediate Release The House of Representatives is scheduled to vote this week on “minibus” appropriations legislation combining five...
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Appropriations 101
Read moreThis paper has been updated here . What are appropriations? Appropriations are annual decisions made by Congress about how the federal government...
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CBO: Debt Remains Unsustainable With r < g
Read moreThe national debt is rising at an unsustainable pace. A factor that helps is interest rates currently being lower than the economic growth rate (r