Under the CRFB August Adjusted Baseline, debt will reach 120% of Gross Domestic Product (GDP) and deficits will rise to $2.6 ...

Currently, the federal government generally relies on the Consumer Price Index (CPI) to index provisions of the budget and tax code to account for cost-of-living changes. However, this measure ...

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

The Committee’s Board 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 ...

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.

Debt FixerThe federal government spends a significant portion of its budget on defense, security, and foreign relations. Many of the programs in these categories are vital to keeping America safe and ...

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their time in ...

In 2001, the federal government ran a $128 billion budget surplus and was projected to pay off the national debt by 2009. Since then, the government has borrowed an additional $23 trillion, bringing ...

The President released the full version of his first budget yesterday, laying out his proposals for Fiscal Year (FY) 2018 and the following decade. The budget proposes significant spending cuts over ...

The Trustees for the Social Security and Medicare programs have released their annual reports for 2023, updating the financial state of the programs’ trust funds. You can read our analysis of the ...

Given the short timeline to address the looming insolvency of Social Security – and Medicare Hospital Insurance (addressed in a companion paper) – policymakers should take any opportunity to enact ...