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What Would Higher Interest Rates Mean for the Debt?
Read moreInterest payments on the national debt are projected to be the fastest-growing part of the federal budget. Under the Congressional Budget Office's...
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Surging Inflation Calls for Responsible Budgeting
Read moreToday, the Bureau of Labor Statistics estimated the Consumer Price Index (CPI) grew by 1.0 percent in May and 8.6 percent over the past year. Core CPI...
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Maya MacGuineas's Senate Testimony on Saving Social Security
Read moreOn June 9, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on "Saving Social...
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Watch Live: Committee President Maya MacGuineas Testifies on Saving Social Security
Read moreOn June 9 at 11 am EDT, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on saving...
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CBO Reports $63 Billion Deficit for May
Read moreThe United States borrowed $423 billion in the first eight months of fiscal year 2022, with a $63 billion deficit in May, according to the latest...
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Congress Needs to Stop Deeming and Start Budgeting
Read moreToday, the House of Representatives passed a $1.6 trillion “deeming resolution” to set the topline level for appropriations for Fiscal Year 2023. The...
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Event Recap: What's New in the 2022 Social Security and Medicare Trustees Reports?
Read moreOn June 6, the Committee for a Responsible Federal Budget hosted "What's New in the 2022 Social Security and Medicare Trustees Reports?". The event...
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Medicare at 60 Costs $155 Billion, According to CBO
Read moreEarlier this month, the Congressional Budget Office (CBO) released a report on the budgetary effects of lowering the Medicare eligibility age to 60...
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Veterans Bill Needs Offsets
Read moreThe Senate is set to vote on the Honoring our PACT Act of 2021, which provides health and disability to veterans who may have been exposed to toxic...
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Analysis of the 2022 Medicare Trustees' Report
Read moreThe Social Security and Medicare Trustees released their annual reports on the financial state of those programs and their respective trust funds. The...
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Analysis of the 2022 Social Security Trustees' Report
Read moreToday, the Social Security and Medicare Trustees released their annual reports on the long-term financial state of the Social Security and Medicare...
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Social Security and Medicare Are Approaching Insolvency
Read moreThe Social Security and Medicare Trustees released their annual reports on the state of the trust funds today. The Trustees find that Medicare’s...