Committee for a Responsible Federal Budget
5 days ago · 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.
CRFB Reacts to the President’s FY 2025 Budget
Mar 11, 2024 · President Biden released his Fiscal Year 2025 budget request today, including a number of tax and spending proposals and a roadmap for the country’s finances over the next decade. Under the President’s budget, based on its own estimates, the national debt would rise to $45.1 trillion or 105.6 percent of Gross Domestic Product (GDP) by 2034 ...
Papers - Committee for a Responsible Federal Budget
Oct 7, 2024 · Analysis of CBO's March 2024 Long-Term Budget Outlook. The Congressional Budget Office (CBO) released its March 2024 Long-Term Budget Outlook today that projects the nation’s fiscal and economic future... Papers View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
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 ...
CRFB's Realistic Baseline - Committee for a Responsible Federal …
CRFB's Realistic Baseline In May, CBO released an update to its Budget and Economic Outlook, showing cumulative deficits from 2014 to 2023 of $6.3 trillion and debt reaching 73.6 percent of GDP in 2023. We have also updated our Realistic Baseline, which incorporates the fiscal effect of policies that are more likely to occur. These policies include:
Repealing WEP/GPO Would Raise Deficits, Weaken Social Security
1 day ago · The House of Representatives will soon vote on the Social Security Fairness Act, legislation which would repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). The unpaid-for bill would add $196 billion to deficits over the next decade and hasten Social ...
Budget Projections - Committee for a Responsible Federal Budget
The 12-Month Rolling Deficit Totals $2.1 Trillion in August 2024. From September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office (CBO... Read more. Aug 20, 2024. Blog.
Appropriations - Committee for a Responsible Federal Budget
Sep 18, 2024 · Budget Agreement Should Pave Way for Appropriations. House and Senate leadership announced a topline agreement yesterday on appropriations levels for Fiscal Year (FY) 2024. The agreement would maintain... Find the latest analysis and findings on appropriations from the Committee for a Responsible Federal Budget.
CBO Estimates $255 Billion Deficit for First Month of Fiscal Year 2025
5 days ago · The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget Review from the Congressional Budget Office. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget: While final votes ...
President's Budget - Committee for a Responsible Federal Budget
An Overview of the President's FY 2024 Budget. Moments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal, outlining some of the President's tax and spending... Find the latest analysis and findings on the President's Budget from the Committee for a Responsible Federal Budget.