Committee for a Responsible Federal Budget13d
Student Debt Plan Would Add Hundreds of Billions to Deficit
While the default provision would be limited to the next two years under the most recent draft of the proposal, the hardship ...
Committee for a Responsible Federal Budget11d
Interest Rates Surge Near Record Highs
Interest rates have been on the rise since early 2022, as the Federal Reserve worked to fight the surge in inflation and ...
Committee for a Responsible Federal Budget12d
Tim Penny & David Minge: Taxes increasingly paying for the past - not the future
Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former ...
Committee for a Responsible Federal Budget10d
What's in the Latest House National Security Supplementals?
The House of Representatives is set to soon vote on a series of national security-related supplemental appropr ...
Committee for a Responsible Federal Budget14d
2017 Tax Cuts Continue to Lose Revenue
The Congressional Budget Office (CBO) estimated the Tax Cuts and Jobs Act (TCJA) of 2017 would add $1.8 trillion to deficits (excluding interest) through Fiscal Year (FY) 2028 on a conventional basis ...
Committee for a Responsible Federal Budget5d
Appropriations Watch: FY 2024
On Feb. 13, the Senate passed an amended version of a $95 billion national security supplemental that includes funds for Ukraine, Israel, Taiwan, and operations in the Red Sea. The House had ...
Committee for a Responsible Federal Budget19d
Treasury: $1.1 Trillion Deficit in First Half of Fiscal Year
The United States borrowed $1.1 trillion in the first six months of fiscal year 2024, including $236 billion in March, according to the latest Monthly Treasury Statement from the Treasury Department.