Latest
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CBO Estimates 2024 Deficit Totaled $1.8 Trillion
Read moreThe Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a $1.8...
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Deficit Nears $2 Trillion Amid Rising Interest and Little Action
Read moreThe Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review...
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ARCHIVE: The Fiscal Impact of the Harris and Trump Campaign Plans
Read moreNOTE: This is an archived version of our initial analysis published on October 7. We have since published an updated analysis , featuring policies...
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Open Letter Urges Candidates to Focus on the Debt
Read moreTuesday marked the start of Fiscal Year 2025. With the ringing in of a new fiscal year, and with just over a month until Election Day, Board Members...
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How Will GDP Numbers Affect Debt Outlook?
Read moreRecently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent larger than previously reported and...
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Tax Cuts Need Offsets, Not Baseline Games
Read moreIn 2025, large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are scheduled to expire. Extending the expiring individual and estate tax provisions alone...
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2024 Budget Bash Reception: Celebrating Our Commitment to Fiscal Responsibility
Read moreOn Wednesday, September 18, the Committee for a Responsible Federal Budget hosted our annual reception at the Observatory at America's Square. The...
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Bipartisan Fiscal Forum Discusses Debt on House Floor
Read moreMembers of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger posed by our mounting...
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Donald Trump’s Proposal to End Taxes on Overtime
Read moreFormer President Donald Trump recently proposed eliminating taxes on overtime pay. On a static basis, we estimate ending taxes on all overtime pay...
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It’s Time to End the Employee Retention Tax Credit
Read moreThe bipartisan Employee Retention Tax Credit Repeal Act was introduced this week by Senators Mitt Romney (R-UT), Thom Tillis (R-NC), and Joe Manchin...
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Mitch Daniels: ‘The Day the Dollar Died’ is coming. What’s the plan?
Read moreMitch Daniels is the president emeritus of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget...
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House to Vote on Emissions Rule Repeal
Read moreThe House of Representatives is expected to vote this week on a joint resolution to disapprove a rule finalized by the Environmental Protection Agency...