Latest
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Tax Cut Extensions Are 50% Larger
Read moreExtending certain parts of the Tax Cuts & Jobs Act (TCJA) would reduce revenue by $4 trillion through 2034, according to new estimates from the Joint...
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Income Growth Would Slow By One-Third Due to Rising Debt
Read moreA new report from the Congressional Budget Office (CBO) finds rising national debt will slow economic growth and reduce projected incomes. Compared to...
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CMS Finalizes Medicaid Rule Likely to Increase Spending
Read moreIn a rule finalized at the end of April, the Centers for Medicare and Medicaid Services (CMS) introduced significant changes to financing and...
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Maya MacGuineas: The grim future for Medicare and Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Comments on Proposed Rule to Waive Student Debt
Read moreOn May 17, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein submitted comments on the...
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How Much will Biden’s Tariffs Raise?
Read morePresident Biden recently announced increases to a number of tariffs on Chinese imports, including for lithium-ion batteries, electric vehicles, and...
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Congressionally Approved Ukraine Aid Totals $175 Billion
Read moreWith the recent passage of the national security supplementals, Congress has now approved nearly $175 billion of aid and military assistance to...
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Debt Surges With Extensions
Read moreBased on new estimates from the Congressional Budget Office (CBO), debt could reach 132 percent of Gross Domestic Product (GDP) by Fiscal Year (FY)...
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Interest Costs Just Surpassed Defense and Medicare
Read moreIn 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
Read moreOn 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
Read moreAccording 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
Read moreHouse Budget Committee Chairman Jodey Arrington (R-TX) and Representative Jack Bergman (R-MI) introduced the Strengthening Administrative PAYGO (SAP)...