Latest
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Congress Should Not Cancel Reconciliation Offsets
Read moreA bill has been introduced that would significantly worsen the fiscal effects of the already debt-increasing reconciliation law (the “One Big...
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The 30-Year Cost of OBBBA
Read moreThe recently enacted One Big Beautiful Bill Act (OBBBA) would add an estimated $4.1 trillion to the debt through Fiscal Year (FY) 2034, based on...
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CMS Rule Would Close Medicaid Loophole
Read moreThe Center for Medicare & Medicaid Services (CMS) recently proposed a rule to limit some of the most egregious provider taxes used by states to...
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2025 Reconciliation Tracker
Read moreUpdated 7/11/25: On July 1, 2025, the Senate passed its version of the OBBBA by a narrow 51–50 vote —Vice President JD Vance casting the tie-breaker...
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Comments on Proposed Rule to Close a Medicaid Financing Loophole
Read moreOn July 11, 2025 the Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein and Director of...
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Treasury Confirms Spending Up $142 Billion in 2025
Read moreAccording to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion...
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Event Recap: Checking in on the 2025 Social Security & Medicare Trust Funds
Read moreOn June 24, the Committee for a Responsible Federal Budget hosted a virtual event following the release of the 2025 Social Security and Medicare...
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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...
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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...
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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...
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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...
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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...