Latest
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David Stockman: Trump’s $30 trillion Debt Disaster
Read moreDavid Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former...
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CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
Read moreThe United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according...
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CBO's Revenue Savings Options
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. Some options...
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$3 Trillion of Dynamic Feedback is Fantasy Math
Read moreAccording to a recent press report, the House may try to claim $3 trillion of deficit reduction as a result of “assumed economic growth from tax cuts”...
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Maya MacGuineas on CNBC's "The Exchange"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates...
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Interest on the Debt to Grow Past $1 Trillion Next Year
Read moreThe Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt...
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Trump Tax Priorities Total $5 to $11 Trillion
Read moreIn a closed-door meeting with House Leadership today President Trump reportedly outlined his tax priorities. According to press reports, they included...
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Interest Costs Would Explode with $5.5 Trillion Reconciliation Package
Read moreA recent press report indicated that House leadership may be considering a budget resolution that would allow up to $5.5 trillion of net primary...
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Pell Grant Program Is In Serious Trouble
Read moreThe Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion to $111 billion ten-year...
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Debt-to-GDP Growth Could Double with a $5.5 Trillion Bill
Read moreAccording to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to allow up to $5.5...
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How Much Revenue Will Trump's Tariffs Raise?
Read moreOn February 1, 2025, President Trump signed three executive orders imposing new tariffs on goods from China, Canada, and Mexico. Below is an update of...
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Reconciliation Should Indeed Reduce Budget Deficits
Read moreThe Republican Study Committee (RSC) Steering Committee released their position calling for deficit reduction in the upcoming budget reconciliation...