The Treasury Department just confirmed that spending continues to rise. The federal government has already spent $3.6 trillion from January to June of 2025 – up $142 billion from this same period last ...

On July 11, 2025  the Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein and Director of Health Policy Anna Bonelli submitted comments ...

The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...

On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...

The Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt through 2034 – $1 trillion more than the House-pa ...

The House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill.

The Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, a ...

Yes, the economy may well enjoy a sugar-high the next couple of years, as borrowing stimulates near-term consumption. But a sugar-high won’t be sustained, it will do real damage, and often what comes ...

Committee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit Reckoning," which includes discussions with a dozen e ...

The trustees overseeing the Social Security program recently announced that the source of retirement benefits for more than 62 million Americans and roughly 40% of American seniors will be insolvent ...

In addition to adding an extra $1.1 trillion to the national debt above the House bill to a total of over $4.1 trillion, the Senate-passed One Big Beautiful Bill Act (OBBBA) added a massive but ...