Latest
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Can Economic Growth Save Social Security?
Read moreWhen asked whether they would support raising the Social Security retirement age to avert insolvency during last Wednesday’s Republican presidential...
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CRFB Reacts to House Passage of CR
Read moreToday the House approved a two-tiered funding plan extending funding for four of the 12 appropriations bills until January 19, 2024 and the other...
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Event Recap: Second Annual Health Solutions Summit
Read moreOn November 8th, the Committee for a Responsible Federal Budget hosted its second annual Health Solutions Summit in partnership with the Healthcare...
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Nikki Haley's Proposal to Repeal IRA Green Tax Credits
Read moreRecently, former United Nations Ambassador and current GOP presidential candidate Nikki Haley made a speech at St. Anselm College in New Hampshire, in...
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Lawmakers Should Avoid Year-End Tax Cut Binge
Read moreAccording to press reports, lawmakers are considering a year-end tax package that would combine a temporary expansion of the Child Tax Credit with the...
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Maya MacGuineas on CNBC's "The Exchange"
Read moreCommittee president Maya MacGuineas recently joined CNBC's "The Exchange" with Kelly Evans to discuss the recent downgrade of the U.S. debt outlook by...
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Options Floated to Offset Israel Aid Package
Read moreCongress is currently considering $14.3 billion of supplemental emergency funding to aid Israel and Gaza, with the House having passed a version that...
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Treasury Confirms $67 Billion Deficit in First Month of Fiscal Year
Read moreThe United States borrowed $67 billion in the first month of fiscal year 2024, according to the latest Monthly Treasury Statement from the Treasury...
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TCJA Expansions Could Balloon Cost of Extensions
Read moreExtending various income and estate tax provisions of the Tax Cuts and Jobs Act (TCJA) expiring after 2025 would cost $3.4 trillion through 2035...
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CRFB Applauds Fiscal Stability Act
Read moreToday, in a show of fiscal leadership and bipartisanship, Senators Joe Manchin (D-WV) and Mitt Romney (R-UT) announced the Fiscal Stability Act , a...
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Government Shutdowns Q&A: Everything You Should Know
Read moreThis paper has been updated here. The first continuing resolution (CR) for fiscal year (FY) 2024 expires on November 17, 2023, and Congress has so far...
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CBO Estimates $65 Billion Deficit For First Month of Fiscal Year
Read moreSince Fiscal Year (FY) 2024 began on October 1, the United States has already borrowed $65 billion, according to the latest Monthly Budget Review...