Committee for a Responsible Federal Budget

Budgets & Projections

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There Are Plenty of Offsets for Infrastructure Package

A bipartisan group of senators has apparently reached agreement on a plan with $579 billion of new infrastructure spending . Meanwhile, President Joe...

President's Budget Would Add More to Debt With Tax Cut Extensions

President Joe Biden's Fiscal Year (FY) 2022 budget includes many significant changes that would add nearly $1.4 trillion to deficits through FY 2031...

Congress Should Pass a Budget, Not Deem Huge Spending Increases

For Immediate Release Recent press reports indicate that the House of Representatives may vote on a “deeming resolution” as soon as this week to set...

How Much Would the President's Budget Extend Medicare Solvency?

The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the Congressional Budget Office (CBO) and the...

CBO Reports $2.1 Trillion Deficit for First Eight Months of FY 2021

For Immediate Release The United States borrowed nearly $2.1 trillion in the first eight months of fiscal year 2021, according to the latest Monthly...

Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...

Breaking Down the Proposals in the President's FY 2022 Budget

Last week, the Biden Administration released its first full budget , laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade...

Partial Student Debt Cancellation is Poor Economic Stimulus

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and...

President Biden's Full FY 2022 Budget

The Biden Administration today released its first full budget , laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...