Latest
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12-Month Rolling Deficit is $1.6 Trillion in November 2025
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In...
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CBO Estimates $439 Billion Deficit for First Two Months of FY 2026
Read moreThe United States borrowed $439 billion in the first two months of Fiscal Year (FY) 2026 according to the latest Monthly Budget Review from the...
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Senate ACA Plan Could Add $350-$635 Billion to Debt
Read moreUpdate 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced...
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Pell Grant Program Still Faces Large Shortfall, Despite One-Time Fix
Read moreThe Pell Grant program faces a large funding gap, despite the one-time infusion of funding enacted as part of the One Big Beautiful Bill Act (OBBBA)...
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Senate ACA Proposal Would Add Nearly $300 Billion to Deficits
Read moreUpdate 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced...
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CRFB Releases Updated Social Security Reformer
Read moreThe Committee for a Responsible Federal Budget (CRFB) has updated its interactive online Social Security solvency tool, the Social Security Reformer...
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CBO’s New Projections Show $1 Trillion Less in Tariff Savings
Read moreUpdated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt (including interest) by $3.0...
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Maya MacGuineas: Our elected officials can’t keep ignoring the looming Social Security problem
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Deseret News, an excerpt of...
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Social Security General Revenue Funding Would be a Costly Mistake
Read moreThe Social Security retirement program is only seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut – an...
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What You Need for the End of the Fiscal Year
Read moreUpdated 11/17/25: After 43 days, the latest government shutdown ended on November 12 with a funding measure that provides full-year Agriculture...
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Congress to Wipe $3.4 Trillion from PAYGO Scorecard
Read moreThe legislation to end the current government shutdown and temporarily fund the government would also wipe the current statutory PAYGO scorecard...
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CRFB Reacts to End of America’s Longest Shutdown
Read moreThe House is preparing to vote on a Continuing Resolution-Minibus appropriations bill that passed the Senate on Monday. The bill, if passed and signed...