Latest
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Interest Costs Just Surpassed Defense and Medicare
In the first seven months of Fiscal Year (FY) 2024, spending on net interest has reached $514 billion, surpassing spending on both national defense (...
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Event Recap: The Trustees' Reports on the Social Security and Medicare Trust Funds
On May 7, the Committee for a Responsible Federal Budget hosted a virtual event to discuss the status of the Medicare and Social Security Trust Funds...
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Tax Cut Extensions Could Cost $4 Trillion or More
According to new Joint Committee on Taxation (JCT) estimates published by the Congressional Budget Office, extending the expiring or changing elements...
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Strengthening Administrative PAYGO Act Would Encourage Fiscal Responsibility
House Budget Committee Chairman Jodey Arrington (R-TX) and Representative Jack Bergman (R-MI) introduced the Strengthening Administrative PAYGO (SAP)...
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How Much Would Student Loan “Hardship” Provision Cost?
We recently estimated the President’s new student debt cancellation plan would cost between $250 billion and $750 billion over a decade, and have...
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Analysis of the 2024 Medicare Trustees' Report
The Social Security and Medicare Trustees released their annual reports detailing the current and future financial status of the trust funds. Our...
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Analysis of the 2024 Social Security Trustees’ Report
The Social Security and Medicare Trustees released their annual reports today on the financial status of the Social Security and Medicare programs...
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Maya MacGuineas on Fox News' "Special Report"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Fox News' "Special Report" with Bret Baier to discuss the annual...
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Social Security and Medicare Trustees Confirm Trust Funds Need Saving
The Trustees for Social Security and Medicare released their annual report on the status of the trust funds today. The Trustees project the Medicare...
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Social Security and Medicare Trustees Release 2024 Reports
The Social Security and Medicare Trustees just released their annual reports on the financial status of the Social Security and Medicare programs. The...
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Fix the Debt Awards 2024 Fiscal Heroes
We are pleased to recognize the Fiscal Heroes of the 118th Congress. The following is a statement from Maya MacGuineas, president of the Committee for...
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The Total Cost of Student Debt Cancellation
Including the Biden Administration’s new student debt cancellation plan, we estimate all recent student debt cancellation policies will cost a...