Papers

The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last until January 19, 2023...

The new fiscal year (FY) began on October 1, 2022, and Congress has so far enacted none of the 12 appropriations bills setting discretionary spending...

This paper has been updated. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to last...

The United States faces numerous economic and fiscal challenges, including surging inflation, rising interest rates, trust funds heading toward...

At the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be...

Inflation is currently surging at the fastest rate in more than four decades, with the Consumer Price Index (CPI) up 8.2 percent over the past year...

On August 31, the Committee for a Responsible Federal Budget commented on the Centers for Medicare and Medicaid Services' request for information on...

Today, the Congressional Budget Office (CBO) released its July 2022 Long-Term Budget Outlook. Although CBO’s extended baseline is based on outdated...

After two decades of uninterrupted borrowing – including three years in which deficits surpassed 10 percent of the economy – the U.S. national debt is...

What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...

On June 13, 2022, Marc Goldwein of the Committee for a Responsible Federal Budget gave a presentation to attendees of the 2022 Citizens’ Climate Lobby...

On June 9, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on "Saving Social...