Latest
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Canceling Student Loan Debt Is Poor Economic Stimulus
Read moreNote: We published a follow-up piece on June 3, 2021 estimating the fiscal multipliers for cancelling $10,000 and $50,000 in federal student loan debt...
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Opportunities for Bipartisanship in a Divided Government
Read moreIn 2021, the United States is likely to operate with divided or near-divided government. Democrats are slated to control the White House and the House...
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CBO Confirms Debt Exceeded 100% of GDP for FY 2020
Read moreFor Immediate Release The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020, which confirms that the...
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Maya MacGuineas and Mike Murphy: Polarization has put America's democracy in peril. But on this Election Day, there are reasons to be hopeful that the US can heal.
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's FixUS initiative. They...
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GAO: Fiscal Targets Can Assist Deficit Reduction
Read moreThe Government Accountability Office (GAO) recently published a report, The Nation’s Fiscal Health: Effective Use of Fiscal Rules and Targets. These...
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Maya MacGuineas: The national debt still matters, despite low interest rates
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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GDP Did Not Just Increase 33%
Read moreToday's advanced third quarter GDP estimates from the Bureau of Economic Analysis are being reported as showing 33 percent economic growth. This...
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The Cost of the Trump and Biden COVID Response Plans
Read moreThe COVID pandemic has caused considerable economic damage and human suffering. Policymakers responded aggressively this spring to address the...
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A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
Read moreThe Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...
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CBO Shows "Interest" in Greater Transparency
Read moreThe Congressional Budget Office (CBO) took another step last week towards greater transparency when it published an interactive workbook that allows...
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Maya MacGuineas: Trump and Biden must answer critical budget questions
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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Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
Read moreThe bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...