Latest
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IRA Energy Provisions Could Cost Two-Thirds More Than Originally Estimated
Read moreAt the time of its passage, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimated that the Inflation Reduction Act...
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CBO: Social Security is Ten Years from Insolvency
Read moreThe Congressional Budget Office (CBO) recently published detailed long-term projections for Social Security that project the financial outlook for the...
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New Poll Finds Widespread Support for Creation of a Bipartisan Fiscal Commission
Read moreA recent poll released by the Peter G. Peterson Foundation shows that a strong majority of Americans are increasingly concerned with the national debt...
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Chartbook: The Fiscal Outlook After the Debt Limit Deal
Read moreThe recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
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CRFB Reaction to Supreme Court Student Debt Cancellation Ruling
Read moreThe Supreme Court ruled today that the Administration’s student debt cancellation plan is illegal and will not be allowed to go forward. The following...
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Event Recap: The Fiscal Outlook After the Debt Limit Deal
Read moreThe bipartisan Fiscal Responsibility Act (FRA), signed into law in May, is the largest deficit reduction legislation enacted in nearly a dozen years...
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Asa Hutchinson's Proposal to Reduce the Federal Civilian Workforce by 10 Percent
Read moreRepublican presidential candidate Asa Hutchinson recently proposed shrinking the size of the federal civilian workforce, which we estimate could save...
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Analysis of CBO's June 2023 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its June 2023 Long-Term Budget Outlook, projecting that the national debt is on an unsustainable...
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CBO Releases June 2023 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its June 2023 Long-Term Budget Outlook that projects the nation's fiscal future over the next...
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Long-Term Projections Paint a Bleak Fiscal Picture
Read moreThe Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which shows debt rising to 181 percent of GDP by 2053 under CBO’s...
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Maya MacGuineas on Bloomberg's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" to discuss the latest Long-Term Budget Outlook from the...
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Rep. Grothman Introduces Bill to Enforce FY 2026-2029 Spending Caps
Read moreRepresentative Glenn Grothman (R-WI) recently introduced the Enforce the Caps Act in the House, along with nearly a dozen co-sponsors. The legislation...