Latest
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Rumored Student Loan Cancellation Would Cost $230 Billion
Press reports indicate that President Biden could soon announce a plan to cancel at least $10,000 in debt for the vast majority of student loan...
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Committee Co-Chair Mitch Daniels on CNBC's 'Squawk Box'
Committee for a Responsible Federal Budget Co-Chair Mitch Daniels, president of Purdue University and former director of the Office of Management and...
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Debt Could Reach 125% of GDP With Irresponsible Actions
The Congressional Budget Office's (CBO) new budget projections find that debt will reach a record 110 percent of Gross Domestic Product (GDP) ($40.2...
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Presentation: Fiscal Policy in a Time of High Inflation
On May 26, 2022, Marc Goldwein of the Committee for a Responsible Federal Budget gave a presentation to the National Economists Club on the possible...
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Analysis of CBO's May 2022 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released its May 2022 Budget and Economic Outlook, its first baseline in almost a year. CBO’s new...
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CBO Projects Record Debt, After Short Reprieve
For Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects high rates of inflation will...
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CBO Releases May 2022 Budget and Economic Outlook
The Congressional Budget Office (CBO) just released its May 2022 Budget and Economic Outlook, its first baseline since July 2021. Under CBO's new...
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Medicare Advantage Costs Continue to Rise
The Centers for Medicare and Medicaid Services (CMS) recently announced that Medicare Advantage (MA) plans will receive an 8.5 percent payment...
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Adding Up Aid to Ukraine from the U.S. and the Rest of the World
Policymakers are currently considering an additional aid package to Ukraine, with $41 billion of support split roughly evenly between military aid and...
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April CPI Shows Inflation Is Still Out of Control
Today, the Bureau of Labor Statistics estimated the Consumer Price Index (CPI) grew by 0.3 percent in April and 8.3 percent over the past year. Core...
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Milken Institute Hosts Panel on the National Debt's Impact on the Economy
On Tuesday, May 3, the Milken Institute hosted a panel discussion entitled “ The Road Ahead: The Impact of the National Debt on America’s Economy” as...
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CBO Analyzes the Economic Effects of Waiting to Fix the Debt
Waiting to address our high and rising national debt has substantial adverse consequences. High debt slows income growth, increases interest payments...