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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...
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The Deficit Was $2.0 Trillion Over the Past Year
Read moreThe federal budget deficit totaled $2.0 trillion over the past 12 months, $310 billion below last month's $2.3 trillion estimate. This reduction can...
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CBO Estimates $1.5 Trillion Deficit For First 11 Months of Fiscal Year
Read moreIn the first eleven months of fiscal year 2023, the United States borrowed $1.5 trillion, with a $90 billion surplus in August due to the reversal of...
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Donald Trump’s Universal Baseline Tariff
Read moreFormer President and current Republican presidential candidate Donald Trump recently suggested implementing a baseline tariff of 10 percent on all U.S...
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Congress Should Avoid Shutdown Without Further Debt Increases
Read moreThere are just a few weeks left to avoid a government shutdown. Without either a continuing resolution or appropriations bills for Fiscal Year 2024...