Latest
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The Inflation Reduction Act Would Reduce the Tax Gap
Read moreOf the $790 billion of savings and offsets in the Inflation Reduction Act (IRA) , about $125 billion would come from improving tax compliance...
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Budget Experts Urge Congress to Enact Deficit Reduction
Read moreToday, 55 of the nation’s top budget experts issued a letter calling for Congress to enact deficit reduction in the coming months and years in order...
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Congress Should Not Water Down Inflation Reduction Act
Read moreThe Senate will soon consider the Inflation Reduction Act, a health care, energy, climate, and tax bill that would reduce deficits by roughly $305...
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IRA Saves Almost $2 Trillion Over Two Decades
Read moreThe Inflation Reduction Act (IRA) would reduce budget deficits by over $300 billion in its first nine years, but much of the savings would take time...
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Congress Should Proceed with Caution on Telehealth Extensions
Read moreOn July 27, the House of Representatives passed the Advancing Telehealth Beyond COVID-19 Act, HR 4040, to extend telehealth flexibilities in Medicare...
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IRA Would Lower Medicare Costs, NOT Cut Benefits
Read moreSeveral political advertisements have made misleading attacks that the Inflation Reduction Act (IRA) would cut Medicare spending by $300 billion. In...
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Congress Should Support Veterans Without Exploding the Debt
Read moreThe Senate is likely to vote on the Honoring our PACT Act soon, which would spend roughly $280 billion to expand veterans benefits and allow...
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IRA Will Help Fed Fight Inflation
Read moreA recent Penn Wharton Budget Model (PWBM) study has been used by opponents to claim the Inflation Reduction Act (IRA) would increase rather than...
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Maya MacGuineas: Five ways national debt is canceling our future
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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New Economic Data Highlights Need to Fight Inflation, Not Add To It
Read moreThis morning, the Bureau of Economic Analysis estimated that Personal Consumption Expenditures (PCE) inflation rose by 1.0 percent in June and 6.8...
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Event Recap: Medicare and Inflation
Read moreOn July 27, the Committee for a Responsible Federal Budget hosted an event on " Medicare and Inflation." The event featured opening remarks from Josh...
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Extending the Student Loan Payment Pause is Bad Policy
Read moreNote: (8/30/2022): Since the publication of this blog the Biden Administration announced another four-month extension to the student loan pause...