Latest
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Pell Grants Face a Big Shortfall
Read moreThe Pell Grant program helps low-income students to fund their education by offering them up to $7,395 per year to fund tuition and other expenses...
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Do We Spend More On Interest Than Defense?
Read moreDuring a recent town hall, former United Nations Ambassador and current Presidential candidate Nikki Haley claimed, “for the first time we're paying...
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Measuring the Savings from Preventative Health Care
Read moreThis month, the House Budget Committee passed a bill that would direct the Congressional Budget Office (CBO) to evaluate the long-term budget impacts...
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84 Percent of Spending Growth Will Come from Health, Social Security, and Interest
Read moreBudget deficits are projected to grow from $1.7 trillion in Fiscal Year (FY) 2023 to $2.6 trillion by 2034 according to the Congressional Budget...
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Fiscal Commission Act: Just the FAQs
Read moreThe House Budget Committee recently reported the Fiscal Commission Act (FCA), sponsored by Reps. Bill Huizenga (R-MI) and Scott Peters (D-CA) on a...
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Maya MacGuineas Discusses CBO Projections on C-SPAN
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently joined C-SPAN's "Washington Journal" to discuss new projections from the...
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What's in the Senate-Passed National Security Supplemental?
Read moreEarlier this week, the Senate passed the National Security Act that combines aid to Ukraine and Israel with other defense-related priorities. Based on...
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IRA Energy Provisions Cost Could Double With New Emissions Rule
Read moreLast April, the Environmental Protection Agency (EPA) proposed a new rule for stricter vehicle emissions standards starting in model year (MY) 2027...
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Mike Murphy: A bipartisan fiscal commission could help lawmakers address our looming debt issues
Read moreMike Murphy is senior vice president and chief of staff at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The...
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What Would It Take To Fix the Debt?
Read moreIt would take about $8 trillion of ten-year savings to stabilize debt as a share of the economy and about $15 trillion to balance the budget under the...
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Treasury: $532 Billion Deficit in First 4 Months of Fiscal Year
Read moreThe United States borrowed $532 billion in the first four months of fiscal year 2024, including $22 billion in January, according to the latest...
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Interest Costs Will Leapfrog Medicare and Defense This Year
Read moreInterest on the debt is the fastest growing part of the budget. Net interest payments will exceed both defense and Medicare spending this year, in...