Latest
-
12-Month Rolling Deficit is $1.9 Trillion in June 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the Congressional Budget Office...
-
CBO Estimates Spending Up $144 Billion in 2025
Read moreThe Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, as measured by outlays, is...
-
Maya MacGuineas on CNBC's "America's Deficit Reckoning"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit...
-
Maya MacGuineas: Congress, stop ignoring Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Dallas Morning News, an...
-
A Dark Day for Our Fiscal Future
Read moreThe House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive...
-
15 Major Problems with the Senate Reconciliation Bill
Read moreThe House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill. 1. Adds $4.1...
-
Comparing the Senate and House OBBBAs
Read moreThe Senate has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the One Big Beautiful Bill Act (OBBBA). The table below is a...
-
Senate OBBBA Includes Major "RECA" Entitlement Expansion
Read moreIn addition to adding an extra $1.1 trillion to the national debt above the House bill to a total of over $4.1 trillion, the Senate-passed One Big...
-
Senate Jumps Off a Budget Cliff on Reconciliation
Read moreThe Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt...
-
Marc Goldwein on CBS Evening News Plus
Read moreThe Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, recently appeared on CBS Evening...
-
The Senate OBBBA in Charts
Read moreUpdate (7/2/2025): The analysis below has been updated based CBO's initial estimate of the Senate-passed bill and JCT's estimate of the Senate-passed...
-
CBO Score Shows Senate OBBBA Adds Over $3.9 Trillion to Debt
Read moreThe Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing the bill would add about...