20 Dec 2019

Budget Deal Shows Bipartisan Failure of Leadership

By Committee for a Responsible Federal Budget

WASHINGTON DC (December 20, 2019) — Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two bipartisan bills at the elevated spending levels agreed upon this summer.

17 Dec 2019

Let Zombie Tax Extenders Remain Dead

By Committee for a Responsible Federal Budget

WASHINGTON DC (December 17, 2019) — Last night, the House Rules Committee added a set of tax-cuts to the year-end appropriations package, reviving almost three dozen tax-breaks that expired two years ago and extending some that are scheduled to expire at the end of this year.

16 Dec 2019

Year-End Tax Cuts Would Add $470 Billion to the Debt

By Committee for a Responsible Federal Budget

WASHINGTON DC (December 16, 2019) — Press reports suggest lawmakers are negotiating a deal to combine year-end funding bills with a series of large tax cuts — including permanent repeal of the Cadillac Tax and two other taxes established to fund the Affordable Care Act, as well as revival of 

09 Dec 2019

Statement on the Passing of Former Federal Reserve Chairman Paul Volcker

By Committee for a Responsible Federal Budget

WASHINGTON DC (December 9, 2019) — Former Federal Reserve Chairman and Committee for a Responsible Federal Budget board member Paul Volcker died yesterday at the age of 92. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:

04 Dec 2019

Washington Must Avoid Budget-Busting Christmas Tree Legislation

By Committee for a Responsible Federal Budget

WASHINGTON DC (December 3, 2019) — Back from Thanksgiving recess, Congress now has less than three weeks to fund the government before the current continuing resolution expires on December 20. As negotiations continue, the Committee for a Responsible Federal Budget urges lawmakers to enact clean appropriations bills rather than coupling a year-end funding bill with debt-financed tax+cuts and spending increases.

15 Nov 2019

Win $5,000 from The CRFB Fiscal Fallout Contest

By Committee for a Responsible Federal Budget

 

WASHINGTON DC (November 15, 2019) — The Committee for a Responsible Federal Budget is now accepting submissions for our new Fiscal Fallout Contest, where students are given the opportunity to put a human face on the consequences of high and rising federal debt. The winner will receive $5,000.

Enter Our Fiscal Fallout Contest Here

14 Nov 2019

Budget Deficit Increases 34% in October

By Committee for a Responsible Federal Budget

WASHINGTON DC (November 13, 2019) — The Department of Treasury today announced that the deficit in October was $134 billion — a 34-percent increase from October 2018. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:

13 Nov 2019

Washington Should Pursue Clean Appropriations Bill

By Committee for a Responsible Federal Budget

WASHINGTON DC (November 13, 2019) — Senior appropriators confirmed yesterday their plan to pass a second continuing resolution for fiscal year 2020, extending the deadline to pass appropriations bills from November 21 to December 20, 2019. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible F

07 Nov 2019

Bernie Sanders's Social Security Expansion Act, Explained

By Committee for a Responsible Federal Budget

WASHINGTON DC (November 7, 2019) — Presidential candidate Senator Bernie Sanders (I-VT) has proposed the Social Security Expansion Act, which would increase Social Security benefits, raise taxes on high earners, and extend the solvency of the program’s trust fund.

29 Oct 2019

Committee for a Responsible Federal Budget and West Health Launch Health-Savers Initiative

By Committee for a Responsible Federal Budget

WASHINGTON DC (October 29, 2019) — The Committee for a Responsible Federal Budget and the West Health Policy Center have launched the Health-Savers Initiative, a collaborative-r

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