Latest
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Tax Extensions Wipe Away the President’s Budget Savings
The President’s Fiscal Year (FY) 2025 budget proposal calls for $3.3 trillion of net deficit reduction through 2034. However, these savings could...
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Health Care Proposals in the President’s Fiscal Year 2025 Budget
For more about these proposals, listen to Josh Gordon , CRFB’s Director of Health Policy, on the podcast: Facing the Future . The President's Fiscal...
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CBO Says IRS Cuts Would Be Costly
Rescinding $20 billion of Internal Revenue Service (IRS) funding would ultimately add over $30 billion to the deficit, including $24 billion through...
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An Overview of the President's FY 2025 Budget
The Biden Administration just released its Fiscal Year (FY) 2025 budget proposal, outlining some of the President's tax and spending priorities for...
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Analysis of the President's FY 2025 Budget
The White House released its Fiscal Year (FY) 2025 budget proposal today, outlining President Biden’s tax and spending priorities for the next decade...
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CRFB Reacts to the President’s FY 2025 Budget
President Biden released his Fiscal Year 2025 budget request today, including a number of tax and spending proposals and a roadmap for the country’s...
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Maya MacGuineas Discusses President's Budget on "Bloomberg Markets"
Committee president Maya MacGuineas recently joined "Bloomberg Markets" with host Sonali Basak to offer breaking analysis of President Biden's Fiscal...
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Fact-Checking the 2024 State of the Union
In last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
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The Deficit Totaled $1.8 Trillion Over the Past Year
The federal budget deficit totaled $1.8 trillion over the past 12 months, up $36 billion from the 12-month period ending in January and up $107...
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CRFB Reacts to House FY 2025 Budget Resolution
The House Budget Committee is marking up its Fiscal Year (FY) 2025 budget resolution today. The budget resolution proposes to bring the federal budget...
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New RECA Bill Would Worsen the Debt
The Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
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The State of the Union Deserves Less Theater, More Solutions
President Biden will give his State of the Union Address to a joint session of Congress tomorrow night. This annual address offers the President the...