Latest
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Deficit Tops $1.7 Trillion As Interest Rates Surge
Read moreThe Congressional Budget Office (CBO) today released its final Monthly Budget Review of Fiscal Year (FY) 2023, finding that the budget deficit totaled...
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Interest Rates Remain Near Record Highs
Read moreInterest rates continue to surge, hitting new post-financial crisis records. Over the past month, yields on the ten-year Treasury note have risen more...
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Tim Scott's Proposal for Cutting Spending, Cutting Government, and Cutting Taxes
Read moreGOP presidential candidate and Senator Tim Scott (R-SC) recently unveiled a comprehensive economic plan, titled “ Build. Don’t Borrow." The plan is...
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Congress Avoids a Shutdown, But Leaves Much More to Be Done
Read moreThe House and Senate have approved a Continuing Resolution (CR) that funds the government at Fiscal Year 2023 appropriations levels and avoids a...
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CRFB Reacts to Proposed Fiscal Commission
Read moreToday, Bipartisan Fiscal Forum Co-Chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA) proposed bipartisan legislation to establish a...
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It's Time for A Bipartisan Fiscal Commission
Read moreThe national debt is on an unsustainable path, interest costs are exploding, and the Social Security and Medicare trust funds are approaching...
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Maya MacGuineas: Finally, a Serious Idea to Address the National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Revised Projections from CBO, OMB, & Fed Give Hope of “Soft Landing”
Read moreRecent economic forecasts from the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), and the Federal Reserve (Fed) present...
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Medicaid Provider Taxes Inflate Federal Matching Funds
Read moreThis paper is part of a series on Medicaid financing. Other papers in the series discuss an overview of state financing schemes and supplemental...
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More Deficit-Increasing Tax Cuts from the Ways & Means Committee
Read moreTomorrow, the House Ways and Means Committee is scheduled to mark up two bills to expand Health Savings Accounts (HSAs). The bills will reduce revenue...
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87% Chance of Shutdown, Per CRFB Budget Experts' Poll
Read moreThe odds of a government shutdown, per the unscientific CRFB Budget Experts' Poll, have shot up to 87 percent (after dropping one expert's prediction...
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Kent Conrad and Rob Portman: It isn’t hopeless. We can fix our debt and deficit problems.
Read moreKent Conrad is a former senator, former Chairman of the Senate Budget Committee, and a director of the Committee for a Responsible Federal Budget. Rob...