Latest
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COVID Relief Lifted Personal Income to Record Levels
Read moreOf the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year period...
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The Nation's Upcoming Fiscal Challenges
Read morePresident Joe Biden and the nation face perhaps the most daunting fiscal situation on record. One hundred days into his presidency, President Biden...
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What's in President Biden's American Families Plan?
Read moreThis evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to the...
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Biden Tax Gap Proposal Deserves Bipartisan Consideration
Read moreFor Immediate Release The Biden administration will soon introduce a proposal to reduce the tax gap, the difference between taxes paid and taxes owed...
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TRUST Act has Bipartisan, Bicameral Reintroduction
Read moreLast week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act, which would establish bipartisan commissions to restore solvency...
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GAO Releases Long-Term Budget Outlook
Read moreThe Government Accountability Office (GAO) recently published its latest report on the nation’s long-term fiscal outlook. Once again, GAO warns that...
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Repealing the SALT Cap Would be More Regressive than the TCJA
Read moreRecently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...
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Committee Sends Congress a Briefing Book on the Budget
Read moreThe Committee for a Responsible Federal Budget recently shared our updated " Briefing Book for a Fiscally Responsible 117 th Congress" with...
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COVID Bills Had $650 Billion in Extraneous Policies
Read moreCongress has authorized around $6 trillion of fiscal support in response to the COVID pandemic, with a projected net cost of well over $5 trillion...
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Maya MacGuineas on CNN Discussing the Corporate Tax Rate
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas appeared on CNN's "New Day" to discuss raising the corporate tax rate to help pay...
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Maya MacGuineas: Make the budget committees great again
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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Bipartisan TRUST Act Would Jumpstart Discussions on Protecting Trust Fund Programs
Read moreFor Immediate Release Today a bipartisan group of lawmakers – led by Sens. Mitt Romney (R-Utah), Joe Manchin (D-WV), and Angus King (I-ME), and Reps...