Latest
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How High Are Federal Interest Payments?
Read moreThis year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all...
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Marc Goldwein: The Prescription: Fiscal Policy for the COVID-19 Economy
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently appeared on The...
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Understanding the $1 Trillion in Unspent COVID Relief Funding
Read moreThe Senate-passed American Rescue Plan will deliver nearly $2 trillion of additional COVID relief on top of the $4 trillion already authorized. Yet...
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Committee Reacts to House Passage of American Rescue Plan
Read moreFor Immediate Release The House today approved a COVID relief bill to continue combating the pandemic and supporting the economic recovery, which will...
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FY 2021 Deficit Already Passed $1 Trillion Threshold
Read moreFor Immediate Release The United States’ budget deficit for the first five months of fiscal year 2021 has eclipsed $1 trillion, according to the...
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Committee Response to Senate-Passed American Rescue Plan
Read moreFor Immediate Release The Senate today approved a COVID relief bill to continue combating the pandemic and supporting the economic recovery. The...
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American Rescue Plan Could Set Stage for $4 Trillion of Debt
Read moreThe American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of the...
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Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an...
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CBO Outlook Highlights Massive Debt Challenges
Read moreFor Immediate Release The Congressional Budget Office (CBO) released a full report on its Long-Term Budget Outlook today, which shows an unsustainable...
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New Report Shows Troubling Outcomes for Short-Term-Education Programs
Read moreYesterday, New America published a new report by Monique O. Ositelu measuring employment outcomes of students who obtained short-term-education...
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House-Approved COVID Relief Bill Could Use Improvements in Senate
Read moreFor Immediate Release The House today approved a $1.9 trillion COVID relief bill to continue combating the pandemic and supporting the economic...
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Bill Hoagland: Reconciliation, corrupted by Congress: May it R.I.P.
Read moreThe current Democratic reconciliation bill and the 2017 Republican tax reconciliation measure have paid scant attention to the country’s mounting debt...