Latest
-
Building a Responsible COVID Relief Package
Read moreThe House of Representatives is currently developing a $1.9 trillion COVID relief package. Policymakers should spend what is necessary to end the...
-
President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison
Read morePresident Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...
-
CBO Reports $738 Billion Deficit Through First Four Months of FY 2021
Read moreFor Immediate Release The United States’ budget deficit for the first four months of fiscal year 2021 was $738 billion, according to the Congressional...
-
Important to Pay For Child Tax Credit Expansion
Read moreFor Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000...
-
Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID relief...
-
How Much Would the American Rescue Plan Overshoot the Output Gap?
Read moreThe Congressional Budget Office (CBO) projected on Monday that the nation’s output gap – the difference between actual economic activity and potential...
-
CBO Releases New 10-Year Economic Projections
Read moreYesterday, the Congressional Budget Office (CBO) released a new set of ten-year economic projections, illustrating the economic damage from the COVID...
-
America Faces a $380 Billion Output Gap
Read moreToday's economic projections from the Congressional Budget Office (CBO) show the economy is likely to experience a strong economic recovery, but...
-
New CBO Data Makes Case for More Targeted COVID Relief Plan
Read moreFor Immediate Release As policymakers debate a new round of COVID relief, new Congressional Budget Office (CBO) data suggests a modest fiscal package...
-
Biden Campaign Plan Offers Menu of Offsets
Read moreWith Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...
-
Mitch Daniels: We were right to worry about the nation’s fiscal future
Read moreMitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an opinion piece for The Washington Post about the lack of...
-
What Do Today's GDP Numbers Tell Us About the Output Gap?
Read moreThe Bureau of Economic Analysis today released its advanced estimates for fourth quarter Gross Domestic Product (GDP). The report showed that real GDP...