Jan 21, 2021 | Other Spending
Near- and Long-Term Fiscal Challenges for the Biden Administration
For Immediate Release
President Joe Biden takes office in the face of numerous economic and fiscal challenges. Although COVID-19 vaccine...
Press Releases |
Dec 21, 2020 | Other Spending
Lawmakers Should Enact Long-Delayed COVID Relief and Government Funding Deal
For Immediate Release
Congressional leaders over the weekend reached a bipartisan agreement on legislation to fund the government through the rest...
Dec 17, 2020 | Other Spending
Committee for a Responsible Federal Budget Applauds Congressional Resolution Calling for Post-COVID Debt Plan
For Immediate Release
A bipartisan group of House members – led by Reps. Jodey Arrington (R-TX) and. Scott Peters (D-CA) –have introduced a...
Dec 11, 2020 | Other Spending
Keep Waste Out of Year-End Spending Deal
For Immediate Release
The House has passed and the Senate is set to vote on a one-week continuing resolution to extend government funding through...
Dec 2, 2020 | Taxes
COVID Relief Should Not Include Tax Giveaways
For Immediate Release
The Senate Majority Leader released a revised $550 billion COVID relief proposal yesterday afternoon. Like the Heroes Act...
Dec 1, 2020 | Budgets & Projections
Policymakers Must Not Ignore the Long-Term Debt Outlook
For Immediate Release
Today, Larry Summers and Jason Furman released a new working paper, A Reconsideration of Fiscal Policy in the Era of Low...
Nov 9, 2020 | Budgets & Projections
CBO Confirms Debt Exceeded 100% of GDP for FY 2020
For Immediate Release
The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020, which confirms that...
Oct 21, 2020 | Budgets & Projections
Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
The bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...
Oct 16, 2020 | Budgets & Projections
Treasury Shows Record Borrowing
The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
Oct 8, 2020 | Budgets & Projections
The National Debt is Now Larger than the Economy
For Immediate Release
The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record...