Committee for a Responsible Federal Budget1h
Deficit Nears $2 Trillion Amid Rising Interest and Little Action
The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...
Committee for a Responsible Federal Budget1d
The Fiscal Impact of the Harris and Trump Campaign Plans
The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural ...
Committee for a Responsible Federal Budget13d
Bipartisan Fiscal Forum Discusses Debt on House Floor
Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger ...
Committee for a Responsible Federal Budget13d
2024 Budget Bash Reception: Celebrating Our Commitment to Fiscal Responsibility
Below are some highlights from our 2024 Budget Bash. From left to right: Committee co-chair Mitch Daniels, former ...
Committee for a Responsible Federal Budget5d
Open Letter Urges Candidates to Focus on the Debt
The letter follows a growing chorus of calls on the need to address rising debt and deficits and can be found here.
Committee for a Responsible Federal Budget12d
Tax Cuts Need Offsets, Not Baseline Games
One gimmicky temptation will be to pull a bait-and-switch with budget baselines and pretend that tax cuts should be scored against a “current policy baseline” – a baseline that assumes the policies ...
Committee for a Responsible Federal Budget6d
How Will GDP Numbers Affect Debt Outlook?
Recently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent ...
Committee for a Responsible Federal Budget14d
Donald Trump’s Proposal to End Taxes on Overtime
Former President Donald Trump recently proposed eliminating taxes on overtime pay. On a static basis, we estimate ending taxes on all overtime pay would reduce revenue by $1.7 trillion from Fiscal ...