Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Ripon Forum, an excerpt of which is below. The nation’s fiscal situation is ...
The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 ...
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
The federal student loan program has a $1.6 trillion outstanding portfolio of loans and is projected to issue an additional trillion dollars in loans over the next decade. Although these loans are ...
The House Budget Committee reported out a Fiscal Year 2025 budget resolution last week that would facilitate reconciliation legislation permitting $2.8 trillion in deficit increases through 203 ...
The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA).
The Senate Budget Committee deserves credit for putting forward a budget resolution with realistic economic growth assumptions and an aggressive but achievable fiscal goal of stabilizing debt. However ...
The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, ...
The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget Committee on February 13. The budget’s ...
The House Budget Committee released a proposed budget resolution for Fiscal Year (FY) 2025 today. The budget resolution includes reconciliation instructions that would allow up to $4.8 trillion in new ...
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