The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining 76 policy opt ...

Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt ceiling, the House and Speaker's plan for a reconcili ...

Committee president Maya MacGuineas recently appeared on Bloomberg's "Balance of Power" to discuss President-elect Trump's comments on the debt ceiling, the House and Speaker's plan for a reconcili ...

Lawmakers intend to pursue budget reconciliation legislation in the coming months, which requires passage of a concurrent budget resolution that includes reconciliation instructions in order to ...

In a reversal from 2023, policymakers enacted $1 trillion of ten-year debt increases in 2024, including roughly $380 billion ...

Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Carolina Journal, an excerpt of which is below.

Senate Majority Leader Chuck Schumer (D-NY) announced yesterday that the Senate would vote on the Social Security Fairness Act, which passed the House in November. This bill would repeal the Windfall ...

Lawmakers are considering the repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Not only would this repeal unfairly expand windfall benefits by ...

Despite claims that tax cuts pay for themselves, analyses from across the political spectrum have found that the economic effects of extending the expiring parts of the Tax Cuts and Jobs Act (TCJA) ...

With the passage of the Social Security Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt in calendar year 2024 – a reversal from 2023’s $1 ...