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Fiscal Contingency Preparedness Act (FCPA) Frequently Asked Questions
Read moreAmid the growing bipartisan interest in the Fiscal Contingency Preparedness Act (FCPA), below are some frequently asked questions and answers about...
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CBO Projects High Federal Health Program Costs
Read moreFederal health programs will cost over $26 trillion through 2036, under the Congressional Budget Office (CBO) baseline, making health care the largest...
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Net Interest Costs Will Double, Again, Over the Next Decade
Read moreNet interest on the national debt, the fastest growing part of the budget, is projected to more than double from $970 billion in Fiscal Year (FY) 2025...
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The State of Our Union is More Indebted Than Ever
Read morePresident Trump will deliver the State of the Union address this evening before a joint session of Congress. The occasion offers the President the...
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CRFB Statement on Treasury Secretary’s Comments
Read moreYesterday, on Fox News’s “ Sunday Morning Futures ,” host Maria Bartiromo cited Committee for a Responsible Federal Budget (CRFB) estimates that the...
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Maya MacGuineas: Here's How to Fix Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for The Dallas Morning News , the...
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$10 Trillion to Get to 3% and Other Fiscal Goals
Read moreDeficits would need to be reduced by $9.5 trillion over the next decade to stabilize debt at 100% of Gross Domestic Product (GDP). Roughly $10...
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Broad, Bipartisan Support for a 3% Deficit Target
Read moreUpdated April 15, 2026, to reflect additional support. Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan...
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CRFB Reacts to Supreme Court Tariff Ruling
Read moreThe Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal...
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Pell Grant Program Faces Serious and Immediate Shortfall
Read moreThe Pell Grant program will end 2026 in the red and faces a cumulative 10-year shortfall exceeding $100 billion, according to the Congressional Budget...
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SCOTUS Tariff Ruling Could Add $2.4 Trillion to the Debt
Read moreToday the Supreme Court ruled that the International Emergency Economic Power Act (IEEPA) does not authorize the President to impose tariffs. We...
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Debt Could Reach 131% of GDP Under an Alternative Scenario
Read moreUnder the Congressional Budget Office's (CBO) new February 2026 baseline, deficits will total $26 trillion – about 6.1% of Gross Domestic Product (GDP...