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Senators Introduce Fiscal Commission Act
Read moreSenators John Curtis (R-UT) and Angus King (I-ME), joined by Senators Chris Coons (D-DE), Thom Tillis (R-NC), Todd Young (R-IN), Jeanne Shaheen (D-NH)...
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Maya MacGuineas's House Budget Testimony on the 3% Fiscal Target
Read moreOn March 26, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the House Budget Committee on "The Best...
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Statement for the Record on Social Security: A Discussion on the Facts and the Path Forward
Read moreThe Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the Senate Budget Committee hearing on "Social...
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A Six Figure Limit for Social Security
Read moreSocial Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing...
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A Sovereign Debt Fund Can’t Save Social Security
Read moreSocial Security is projected to be insolvent in less than seven years. Lawmakers need to make changes to the funding and benefit structure of this...
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CRFB Applauds Senate Introduction of 3% Fiscal Goal
Read moreSenators Kevin Cramer (R-ND) and Angus King (I-ME), joined by Senators David McCormick (R-PA) and Gary Peters (D-MI), introduced a resolution in the...
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Medicare Advantage in the Hot Seat
Read moreRecent actions from the Centers for Medicare & Medicaid Services (CMS) could help reduce the estimated $1.3 trillion in Medicare Advantage (MA)...
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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn March 17, 2026, the gross national debt exceeded $39 trillion for the first time. This mark serves as an important reminder of the nation's...
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Social Security Solvency Can Strengthen the Economy and Budget
Read moreThe Social Security retirement trust fund is projected to go insolvent in Fiscal Year (FY) 2032 under the Congressional Budget Office’s (CBO) new...
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Gross National Debt Reaches $39 Trillion
Read moreThe gross national debt of the United States reached $39 trillion yesterday, according to the U.S. Treasury. The gross debt reached its previous...
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Udall and Beauprez Highlight Need to Fix Social Security
Read moreFormer Senator Mark Udall, a Democrat who represented Colorado in the U.S. Senate from 2009 to 2015, and former Congressman Bob Beauprez, a Republican...
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A Gas Tax Holiday Would Cost Billions Each Month
Read moreIn the midst of the conflict with Iran and spiking oil prices, policymakers are reportedly considering – and some have introduced – a temporary gas...