Latest
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House to Vote on $100 Billion Lame Duck Tax Package
Read moreThe House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from delaying...
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Maya MacGuineas's Testimony on the Perils of Ignoring Debt
Read moreOn December 20, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Financial Services Committee on...
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Maya MacGuineas Testifies Before House Financial Services Committee
Read moreCRFB president Maya MacGuineas testified before the House Financial Services Committee on Thursday, December 20. The hearing, entitled "The Peril of...
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What Happens in a Partial Government Shutdown?
Read morePolicymakers have until midnight on Friday to avoid a partial government shutdown. Lawmakers have already passed full-year appropriations for five of...
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CBO Releases Latest Budget Options Report
Read moreToday, the Congressional Budget Office (CBO) released its "Options for Reducing the Deficit, 2019-2028" report, featuring 121 policy options and their...
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The Deficit Has Never Been This High When the Economy Was This Strong
Read moreThis year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in 2017. This...
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Farm Bill: Another Lost Opportunity to Find Savings
Read moreFor Immediate Release After passing the Senate by a vote of 87 to 13 yesterday, the House is expected to vote on the Farm Bill this afternoon. Despite...
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Policymakers Should Set Responsible Spending Levels
Read moreFor Immediate Release Earlier this year, the Trump Administration appeared poised to recommend new discretionary spending levels that would have...
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Joint Letter: End the Tax Extenders Once And For All
Read moreBelow is a joint letter to Congressional leadership and the heads of the taxwriting committees that it is time to end the practice of enacting tax...
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How Much Does the Government Really Owe?
Read moreWhen analyzing the fiscal health of the country, we often focus on federal government debt held by the public. Data published by USAFacts allows us to...
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JSC Markup Amendment Tracker
Read moreNovember 30 Note: The Joint Select Committee on Budget and Appropriations Process Reform was unable to advance its legislation out of committee on a...
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JSC Failure is Disappointing
Read moreFor Immediate Release The Joint Select Committee on Budget and Appropriations Process Reform (JSC) today failed to report its proposed legislation...