Latest
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Marc Goldwein on CBS Evening News Plus
Read moreThe Committee's Senior Vice President and Senior Policy Director, Marc Goldwein, recently appeared on CBS Evening News Plus to discuss the recent...
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Tariffs Won’t Cover OBBBA’s Costs
Read moreYesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 trillion through 2035...
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Breaking Down the One Big Beautiful Bill
Read moreNote: (06/23/2025) Some categorizations and numbers in the Ways and Means' section of the table below have been updated to more accurately reflect the...
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CBO Estimates $3 Trillion of Debt from House-Passed OBBBA
Read moreThe Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act (OBBBA) today, projecting that...
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Permanent House Tax Cuts Come with $5.2 Trillion Price Tag
Read moreNote: (06/23/2025) Some categorizations and numbers in the table below have been updated to more accurately reflect the bill's potential impact. The...
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Fiscal Commission Act Reintroduced in the House
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), Co-Chairs of the Bipartisan Fiscal Forum, recently reintroduced the Fiscal Commission...
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Rescissions Package a First Step to Trimming Spending
Read moreThe White House Office of Management and Budget sent a letter to Congress today requesting a rescission of discretionary funding totaling $9.4 billion...
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House Reconciliation Bill Barely Slows Spending Growth
Read moreAlthough the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, the House-passed One Big...
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What Would It Take to Reach “Big, Beautiful, Balance”?
Read moreIf policymakers enact the House-passed reconciliation bill, they will need to find at least $17 trillion in savings to balance the budget. President...
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Five Ways the Senate Can Improve OBBBA
Read moreThe House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest through 2034 as written, and we...
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Maya MacGuineas on CNBC's "Squawk Box"
Read moreCommittee president Maya MacGuineas recently appeared on CNBC's "Squawk Box" with hosts Joe Kernen and Andrew Ross Sorkin to discuss the House budget...
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CRFB Reaction to House Reconciliation Passage
Read moreThe House of Representatives passed its Fiscal Year (FY) 2025 budget reconciliation bill, which now moves to the Senate for its consideration. The...