Yesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we estimate will save roughly $355 billion between fiscal ...

Mike Murphy is senior vice president and chief of staff at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for NC Political News, an excerpt of which is below.

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.

CBO projects that rising debt will also slow economic growth and boost interest rates. Over the long term, we estimate based ...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 ...

Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...

Committee President Maya MacGuineas recently took part in a explainer video by the Wall Street Journal, "When Does US Debt Become Genuinely Bad?", along with other fiscal policy experts, to explain ...

Source: Committee for a Responsible Federal Budget estimates based on CBO projections. T = Version of this policy appeared in Trump budget; O = Version of this policy appeared in Obama budget; B = ...

Enacting a rescissions package is a first step toward the major deficit reduction this country needs. We are borrowing nearly $2 trillion annually, on pace to hit record debt within a few years, and ...

The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.4 trillion to primary deficits over the coming decade, ...