Committee for a Responsible Federal Budget14h
Hundreds of Billions in Medicaid Savings from Financing Schemes
The budget resolution approved by the House Budget Committee last week includes reconciliation instructions for the Energy and Commerce Committee to reduce deficits by at least $880 billion.
Committee for a Responsible Federal Budget14h
What’s in the Senate Budget Committee’s Budget Resolution?
The Senate Budget Committee deserves credit for putting forward a budget resolution with realistic economic growth assumptions and an aggressive but achievable fiscal goal of stabilizing debt. However ...
Committee for a Responsible Federal Budget1d
Maya MacGuineas on CNBC's "Power Lunch"
Committee president Maya MacGuineas recently appeared on CNBC's "Power Lunch" to discuss waste, fraud, and abuse in the federal budget, efforts to control wasteful spending through the Department o ...
Committee for a Responsible Federal Budget8d
Taking a Closer Look at the House Budget’s Reconciliation Instructions
The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 ...
Committee for a Responsible Federal Budget2d
House Budget Allows for Too Much Debt
The House Budget Committee reported out a Fiscal Year 2025 budget resolution last week that would facilitate reconciliation legislation permitting $2.8 trillion in deficit increases through 203 ...
Committee for a Responsible Federal Budget13d
$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 Budget9d
12-Month Rolling Deficit is $2.1 Trillion in January 2025
The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, ...
Committee for a Responsible Federal Budget8d
Reforming the Debt Ceiling
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
Committee for a Responsible Federal Budget8d
House Reconciliation Instructions Sets Stage for Way Too Much Borrowing
The House Budget Committee released a proposed budget resolution for Fiscal Year (FY) 2025 today. The budget resolution includes reconciliation instructions that would allow up to $4.8 trillion in new ...
Committee for a Responsible Federal Budget9d
David Stockman: Trump’s $30 trillion Debt Disaster
David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.
Committee for a Responsible Federal Budget10d
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 Budget9d
Budget Resolutions Should Set Up Deficit Reducing Reconciliation
Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...