Release: CRFB Reacts to the CBO’s Analysis of the President’s FY 2014 Budget

Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY 2036, the Congressional Budget Office (CBO) projects that interest payments...

Senator Ron Wyden (D-OR), the Ranking Member of the Senate Finance Committee, introduced five bills this week to close tax loopholes, improve tax compliance, and otherwise raise revenue. Although new...