Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
Rules Reform – Ideas for the 118th Congress
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...
Fiscal Policy in a Time of High Inflation
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...
Committee Sends Letter to CMS on Medicare Advantage
On August 31, the Committee for a Responsible Federal Budget commented on the Centers for Medicare and Medicaid Services' request for information on...
Analysis of CBO's July 2022 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its July 2022 Long-Term Budget Outlook. Although CBO’s extended baseline is based on outdated...
Risks and Threats from Deficits and Debt
After two decades of uninterrupted borrowing – including three years in which deficits surpassed 10 percent of the economy – the U.S. national debt is...
Appropriations 101
This paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate...
Presentation: Can Carbon Taxes Fund Climate Investments?
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...
Maya MacGuineas's Senate Testimony on Saving Social Security
On June 9, Committee for a Responsible Federal Budget president Maya MacGuineas will testify before the Senate Budget Committee on "Saving Social...
Analysis of the 2022 Social Security Trustees' Report
Today, the Social Security and Medicare Trustees released their annual reports on the long-term financial state of the Social Security and Medicare...
Analysis of the 2022 Medicare Trustees' Report
The Social Security and Medicare Trustees released their annual reports on the financial state of those programs and their respective trust funds. The...
Presentation: Fiscal Policy in a Time of High Inflation
On May 26, 2022, Marc Goldwein of the Committee for a Responsible Federal Budget gave a presentation to the National Economists Club on the possible...
Analysis of CBO's May 2022 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released its May 2022 Budget and Economic Outlook, its first baseline in almost a year. CBO’s new...