Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
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President Biden's FY 2022 Discretionary Budget
Today, the Biden Administration released an abridged version of the President’s budget. This partial budget details proposed allocations and plans for...
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Maya MacGuineas's Senate Testimony on Taxation of Corporations and the Wealthy
On March 25, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Senate Budget Committee on "Ending a Rigged Tax...
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The Case for Trust Fund Solutions
Some of the nation’s most important government programs are financed with dedicated revenue sources using federal trust funds. Four of those programs...
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How High Are Federal Interest Payments?
This 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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Analysis of CBO's March 2021 Long-Term Budget Outlook
Today, 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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Equalizing Medicare Payments Regardless of Site-of-Care
Currently, the Medicare program pays higher rates for medical services performed in hospital outpatient departments (HOPDs) than it pays for the same...
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Capping Hospital Prices
High hospital prices are a leading driver of high and rising costs in the U.S. health care system, resulting in insurance premium growth that outpaces...
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Reducing Medicare Advantage Overpayments
The Medicare Advantage (MA) program, which allows Medicare beneficiaries to enroll in federally-funded private health insurance plans, is an...
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Analysis of CBO's February 2021 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...
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Reconciliation 101
This paper has been updated here. What is reconcilation? How do reconciliation instructions work? Can a reconciliation bill add to the budget deficit...
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The Cost of the Trump and Biden COVID Response Plans
The COVID pandemic has caused considerable economic damage and human suffering. Policymakers responded aggressively this spring to address the...
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The Cost of the Trump and Biden Campaign Plans
Whoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...