Latest
-
New White House Report Shows Deficit Projections Have Doubled
Read moreFor Immediate Release The White House Office of Management and Budget released its annual mid-session review Friday, updating deficit projections in...
-
Policymakers Should Support Deficit Reduction in Financial Services Spending Bill
Read moreFor Immediate Release The House is expected to vote this week on a minibus appropriations bill that includes the Financial Services and General...
-
Leon Panetta's Testimony on Budget and Appropriations Process Reforms
Read moreOn July 12, 2018, Committee for a Responsible Federal Budget Co-Chair Leon Panetta testified before the Joint Select Committee on Budget and...
-
Letter to the Veterans Affairs Conference Committee
Read moreBelow is a letter from CRFB President Maya MacGuineas to the conferees appointed to negotiate between the House and Senate versions of the Veterans...
-
WATCH: Leon Panetta Testifies Before Budget Process Committee
Read moreCommittee for a Responsible Federal Budget co-chair Leon Panetta testifies before the Joint Select Committee on Budget and Appropriations Process...
-
Ways and Means Committee Considering $92 Billion of Tax Cuts
Read moreThe House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
-
Budget Process Changes in the FY 2019 House Budget
Read moreThe Fiscal Year 2019 House budget resolution contains a number of interesting budget process proposals. The budget passed out of committee last month...
-
Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?
Read moreUPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
-
By 2048, Only 6% of the Budget Will Go to Children
Read moreThe Congressional Budget Office's (CBO) recent long-term budget outlook not only forecasts rapidly rising levels of debt but also suggests a declining...
-
CBO Projects Social Security Will Run Out of Funds in 13 Years
Read moreAs we've warned many times before, Social Security is rapidly headed toward insolvency. Recent projections from CBO's Long-Term Budget Outlook suggest...
-
Health Care Spending in the Long-Term Outlook
Read moreThe Congressional Budget Office's (CBO) long-term outlook shows debt reaching an all-time record as a share of GDP by 2034 and nearly doubling as a...
-
The Deficit Is Not "Coming Down Rapidly"
Read moreThis morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added): "As...