Latest
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The World Economic Outlook Projects Stronger Growth and Still High Inflation
Read moreThe International Monetary Fund (IMF) released its July 2023 World Economic Outlook, projecting global economic growth will fall from 3.5 percent in...
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Mike Pence's Plan to End Inflation
Read moreLast week, former Vice President and current GOP Presidential candidate Mike Pence released a multi-part plan meant to combat inflation by cutting...
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Build Your Own Child Tax Credit – A Web-Based Version
Read moreThe Child Tax Credit (CTC) has become a topic of significant debate among policymakers as they wrestle with determining its appropriate size...
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U.S. Downgrade Shows the Importance of Taking Our Fiscal Situation Seriously
Read moreFitch Ratings downgraded the U.S. credit rating from AAA to AA+ today, citing continued erosion of governance, fiscal deterioration, and growing...
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Site-Neutral Legislative Proposals Gaining Traction
Read moreOne of the best ways to reduce health care costs would be to move towards “ site-neutral” payments and away from the current system’s inefficient...
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The Case for Raising the Social Security Retirement Age
Read moreThe Committee for a Responsible Federal Budget’s Marc Goldwein recently appeared on the “Open to Debate” podcast to discuss the benefits of raising...
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CBO's Alternative Long-Term Budget Projections
Read moreThough the Congressional Budget Office's (CBO) latest Long-Term Budget Outlook projects that federal debt held by the public will reach 181 percent of...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the...
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We Must Not Backslide on Fiscal Responsibility Act
Read moreThe bipartisan Fiscal Responsibility Act (FRA) enacted last month was projected to generate $1.5 trillion of deficit reduction – more than any...
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Senate Appropriations Supplemental Could Add $155 Billion to the Debt
Read moreSenate Appropriations Chair Patty Murray (D-WA) and Vice Chair Susan Collins (R-ME) announced yesterday that they would introduce add supplemental...
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Chartbook: The Fiscal Cost of Income-Driven Repayment (IDR)
Read moreThe Biden Administration recently finalized a rule to significantly expand student loan Income-Driven Repayment (IDR) plan. Although the Supreme Court...
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Restoring Trust Fund Solvency Would Reduce Long-Term Debt Growth
Read moreRestoring solvency to the major trust funds would reduce one-half to four-fifths of the projected debt-to-GDP growth over the next three decades. The...