Committee for a Responsible Federal Budget
Jan 17, 2025 · The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.
FY 2025 & 2026 Budget Resolution Principles-Fri, 01/24/2025
10 hours ago · A fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal The fiscal goal should, at a minimum, put debt on a downward path as a share of the economy over the ten-year window and beyond. Set out a plan to meet that ...
Debt Fixer - Committee for a Responsible Federal Budget
Stabilize the U.S. Debt at 100% of GDP by Fix the Debt in the short and long term. Make the hard budget choices to stabilize debt at 100% of the economy by by identifying $7.9 trillion of deficit reduction and bring it down to 60% by 2050. $ 0 billion to go.
About Us - Committee for a Responsible Federal Budget
About Us The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact. Our bipartisan leadership comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of Management and ...
Gross National Debt Reaches $36 Trillion
Nov 22, 2024 · The gross national debt of the United States reached $36 trillion yesterday, just over three months since the previous milestone was reached at the end of July, according to the U.S. Treasury.. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:
Lawmakers Add $380 Billion to the Debt in the Final Hours of 2024
Dec 23, 2024 · 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 $1.3 trillion in net ten-year debt reduction.
Appropriations - Committee for a Responsible Federal Budget
Dec 23, 2024 · Find the latest analysis and findings on appropriations from the Committee for a Responsible Federal Budget.
The Fiscal Impact of the Harris and Trump Campaign Plans
Oct 28, 2024 · Our estimates come with a wide range of uncertainty, reflecting both different interpretations and estimates of the policies. Under our low- and high-cost estimates, we estimate Vice President Harris’s plan could increase debt by between $300 billion and $8.30 trillion through 2035, while President Trump’s plan could increase debt by between $1.65 and $15.55 trillion.
CBO: Record Debt in 4 Years, Interest Matching Record This Year
Jan 17, 2025 · The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting that the national debt will surpass its record as a share of the economy in 2029 and net interest spending will match its record as a share of the economy this year.. CBO projects the budget deficit will rise to $1.9 trillion in 2025 and deficits will total $22 trillion ...
Latest | Committee for a Responsible Federal Budget
Dec 20, 2024 · Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Washington Examiner , an...