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Senators Chambliss and Coburn Bid Farewell, Talk Fiscal Issues
Read moreThe end of the 113th Congress saw the retirement of two Senators who actively fought for controlling and limiting the U.S. federal debt. Senators...
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CBO Shows Social Security is in Financial Trouble
Read moreIt is clear that Social Security faces financial challenges. This year, its own Trustees estimated the combined trust funds would run out of reserves...
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Senator Cardin Proposes Reform With a Consumption Tax
Read moreSenator Ben Cardin (D-MD) introduced the Progressive Consumption Tax Act last week that would reform the tax code and change the way that tax revenue...
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CRS Talks About Need for Fiscal Sustainability and Plans to Achieve It
Read moreThe Congressional Research Service's Jane Gravelle recently put out a paper on plans to address long-term deficits and debt. The piece both goes...
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Discussing the Uncertainty of Long-Term Budget Projections
Read moreAn old saying goes, "Nothing is certain but death and taxes." But in budget projections, neither of those things -- mortality rates nor revenue levels...
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Maya MacGuineas: How Much the Growing Debt Costs U.S. Households
Read moreMaya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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Sen. Coburn Introduces Bill to Reform SSDI
Read moreIn his final week on Capitol Hill, retiring Senator Tom Coburn (R-OK) introduced a bill with a wide-ranging set of measures to, in his words, protect...
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Delaney Combines Tax Reform and Infrastructure...With a Twist
Read moreTax reform has been an increasingly common way to pay for infrastructure spending in recent years. Both President Obama and outgoing House Ways and...
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Event Recap: A Discussion on Dynamic Scoring
Read moreThe Committee for a Responsible Federal Budget hosted a policy discussion this past Tuesday on dynamic scoring. CRFB President Maya MacGuineas opened...
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Budget Gimmicks in the CRomnibus Bill
Read moreThe eagerly awaited $1.1 trillion "CRomnibus" bill was released yesterday, and given its far-reaching nature, many aspects are being scrutinized. From...
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