Latest
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CBO Estimates $601 Billion Deficit for First Three Months of FY 2026
Read moreThe United States borrowed $601 billion in the first three months of Fiscal Year (FY) 2026, including $143 billion in December, according to the...
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Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, joined by Representatives Lloyd Smucker (R-PA)...
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WSJ: The Next Class of Senators Won't Be Able to Dodge the Social Security Crunch
Read moreIn a recent Wall Street Journal article, Richard Rubin highlighted an important fact: the Social Security retirement trust fund is projected to become...
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CRFB Applauds Introduction of 3% Deficit Target Resolution
Read moreBipartisan Fiscal Forum (BFF) co-chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), along with BFF Members, Representatives Lloyd...
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreIn a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he...
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Top 13 Fiscal Charts of 2025
Read moreIt was an eventful year for fiscal policy in 2025. With large parts of the Tax Cuts and Jobs Act (TCJA) set to expire, lawmakers used the...
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Romney Stresses Need for Entitlement Reform, Revenue Increases in NYT
Read moreFormer Senator Mitt Romney (R-UT), a board member of the Committee for a Responsible Federal Budget, published a guest essay in The New York Times...
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New Paper Estimates Upper Limit on Debt
Read moreIn a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, and Stijn Van Nieuwerburgh...
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Reference Pricing for the FEHB
Read moreHealth care spending represents about 18% of the nation’s economy and the largest area of federal spending. High and rising health care costs are...
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House Passes Deficit-Reducing Health Bill
Read moreThe House passed the Lower Health Care Premiums for All Americans Act. The bill – one of more than a dozen plans released in recent weeks ahead of the...
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Reflections on the 2025 Ed Lorenzen Fiscal Internship
Read moreBy: Maddie Brown Shirley I am honored by the opportunity to continue Ed Lorenzen's legacy as this year’s Ed Lorenzen intern. Ed was a pillar in the...
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The Case for Funding ACA Cost-Sharing Reductions
Read moreThe House is scheduled to vote today on the Lower Health Care Premiums for All Americans Act. Among other provisions, the legislation requires the...