Committee for a Responsible Federal Budget1d
CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...
Committee for a Responsible Federal Budget1d
CBO's Revenue Savings Options
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...
Committee for a Responsible Federal Budget4d
$3 Trillion of Dynamic Feedback is Fantasy Math
The $3 trillion of claimed dynamic feedback is 14 times as large as the average estimate of $213 billion. Producing $3 ...
Committee for a Responsible Federal Budget4d
Maya MacGuineas on CNBC's "The Exchange"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates of President Trump’s ...
Committee for a Responsible Federal Budget4d
Reconciliation 101: The Budget Resolution & What Comes Next
Please join us for a virtual briefing hosted by the Committee for a Responsible Federal Budget on Tuesday, February 25, at 2:00 PM ET. This session will provide an in-depth, nonpartisan overview of ...
Committee for a Responsible Federal Budget5d
Trump Tax Priorities Total $5 to $11 Trillion
Reduce revenue by $5.0 trillion to $11.2 trillion over ten years. Lower revenue by 1.3 to 3.0 percent of Gross Domestic ...
Committee for a Responsible Federal Budget5d
Interest on the Debt to Grow Past $1 Trillion Next Year
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
Committee for a Responsible Federal Budget6d
Interest Costs Would Explode with $5.5 Trillion Reconciliation Package
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...