Latest
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Mid-Session Review Offers a Dose of Fiscal Fantasy
Read moreThe White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the President’s Fiscal Year (FY) 2026 budget...
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Chris Towner: The Social Security and Medicare Funding Problems Are Real
Read moreChris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an...
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Replacing Tariff Revenue if the Supreme Court Rules Tariffs Illegal
Read moreThis November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading...
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CBO Releases Economic Projections From 2025 to 2028
Read moreThe Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline...
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Congress Should Not Add $1.5 Trillion to Debt in CR
Read moreFiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a...
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Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
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Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2025 will end on September 30, and Congress has so far enacted zero of the 12 full-year appropriations bills to fund the government...
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12-Month Rolling Deficit is $1.9 Trillion in August 2025
Read moreFrom September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO)...
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Reduce the Debt with Government Funding Deadline
Read moreFiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law. Without action...
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A Second Reconciliation Bill Should Reduce Deficits
Read moreAs Congress considers the possibility of a second reconciliation bill, lawmakers should ensure it reduces deficits rather than adds to them as the...
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SDPs Run Amuck - The Case of Medical Debt Forgiveness as a Pretext for High Payments
Read moreMedicaid provides health insurance to nearly 71 million people, and will cost the federal government over $650 billion this year – nearly double what...
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An Economic Sugar High Doesn’t Mean Sustained Growth
Read moreThe recently-enacted One Big Beautiful Bill Act (OBBBA) is expected to significantly boost near-term economic activity, but is unlikely to accelerate...