Committee for a Responsible Federal Budget
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.
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. CRFB’s Debt Thermometer for 2024 (below) has been ...
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 ...
Top 13 Fiscal Charts of 2024-2024-12-31 - crfb.org
5 days ago · 3. Deficits Are High and Rising. The deficit in Fiscal Year (FY) 2024 totaled $1.8 trillion, almost double the pre-pandemic deficit of $984 billion in FY 2019.Over the next few years, deficits are projected to remain slightly below $2 trillion before rising to $2.2 trillion in FY 2030, $2.5 trillion in FY 2032, and $2.9 trillion by FY 2034. As a …
FY 2025 Reconciliation Resources-2024-12-23 - crfb.org
Nov 26, 2024 · 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). To ensure that the public has current and accurate information, the Committee for a Responsible Federal Budget has been publishing various resources related to reconciliation and the possible ...
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.
Budget Offsets Bank - Committee for a Responsible Federal Budget
Budget Offsets Bank 2024-12-17 With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and major trust funds approaching insolvency, policymakers will need to enact policies to reduce deficits and/or pay for new spending or tax cuts. To help policymakers achieve deficit …
Papers - Committee for a Responsible Federal Budget
Nov 18, 2024 · It was a busy year for fiscal policy in 2024, with a big focus on the presidential election. In addition to releasing a few major papers, we also wrote our usual analyses of major budget reports and...
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...
Our Projects - Committee for a Responsible Federal Budget
Dive deeper into the issues through our ongoing projects that focus on policy analysis, public education, Congressional outreach, and coalition building. The goal of our projects is to promote responsible fiscal and economic policy in a non-partisan manner ...