Latest
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The High Cost of Borrowing at Low Rates
Read moreFederal interest spending is on track to nearly double between 2020 and 2023 and projected to double again by 2032, due to rising interest rates and a...
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An Overview of the House FY 2024 Budget Resolution
Read moreThe House Budget Committee has released and marked up its Fiscal Year (FY) 2024 budget resolution, a framework that purports to put the budget on a...
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CRFB Budget Experts' Poll: 70% Chance of Shutdown
Read moreIn our second round of unscientific polling of budget experts, they now place the chance of a government shutdown in October at 70 percent – up from...
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Congress Should Establish a Bipartisan Fiscal Commission
Read moreCalls have grown for a bipartisan fiscal commission in recent days. On Monday, an ideologically diverse group of experts and thought leaders urged...
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CRFB Reacts to House Budget Resolution
Read moreToday, the House Budget Committee released its draft of the Fiscal Year (FY) 2024 budget resolution. The budget resolution proposes to bring the...
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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn September 15, 2023, the federal government's gross debt exceeded $33 trillion for the first time. This mark serves as an important reminder of the...
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2023 Budget Bash Reception: Celebrating Our Commitment to Fiscal Responsibility
Read moreOn Wednesday, September 13, the Committee for a Responsible Federal Budget hosted our annual reception at the Observatory at America's Square. The...
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Marc Goldwein Joins C-SPAN to Discuss U.S. Deficit and Federal Spending
Read moreCommitte for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently joined C-SPAN's "Washington Journal"...
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National Debt Reaches $33 Trillion; Adds $1 Trillion to Debt in 3 Months
Read moreThe gross national debt of the United States surpassed $33 trillion on Friday, just months after the federal government’s gross debt eclipsed $32...
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Social Security Reform Can Boost Incomes, Grow the Economy
Read moreAccording to recent estimates from the Congressional Budget Office (CBO), restoring Social Security solvency through blunt changes could ultimately...
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Thought Leaders Urge Establishment of Fiscal Commission
Read moreToday, an ideologically diverse group of thought leaders are issuing a letter calling for the establishment of a bipartisan fiscal commission. The...
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Treasury Reports $1.5 Trillion Deficit For First 11 Months of Fiscal Year
Read moreThe United States borrowed $1.5 trillion in the first eleven months of fiscal year 2023, including an $89 billion surplus in August due to the...