Committee for a Responsible Federal Budget
3 days ago · 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.
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 ...
Debt Fixer - Committee for a Responsible Federal Budget
Fix the Debt in the short and long term. Make the hard budget choices to stabilize debt at 100% of the economy by by identifying $7.9 trillion of deficit reduction and bring it down to 60% by 2050. $ 0 billion to go. Your goal is to cut $7,850 billion from the Federal Budget to stabilize the debt at 100% of GDP by. Congratulations!
What Would It Take to Balance the Budget? - Committee for a …
Jan 12, 2023 · Enacting the $7 trillion CRFB Fiscal Blueprint, which puts all parts of the budget and taxes on the table, would reduce the 2032 deficit to 2.9 percent of GDP (down from 6.6 percent) when incorporating stronger economic growth effects – still far short of balance. Instead of shooting for balance within ten years, it would be wise to select a ...
Gross National Debt Reaches $36 Trillion
1 day ago · Nov 22, 2024. Budgets & Projections. The gross national debt of the United States reached $36 trillion yesterday, just over three months since the previous milestone was reached at the end of July, according to the U.S. Treasury. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:
Budget Projections - Committee for a Responsible Federal Budget
Nov 6, 2024 · The 12-Month Rolling Deficit Totals $2.1 Trillion in August 2024. From September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office (CBO... Read more. Aug 20, 2024. Blog.
Papers - Committee for a Responsible Federal Budget
Analysis of the 2024 Medicare Trustees' Report. The Social Security and Medicare Trustees released their annual reports detailing the current and future financial status of the trust funds. Our... Papers View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
Appropriations - Committee for a Responsible Federal Budget
Sep 18, 2024 · Budget Agreement Should Pave Way for Appropriations. House and Senate leadership announced a topline agreement yesterday on appropriations levels for Fiscal Year (FY) 2024. The agreement would maintain... Find the latest analysis and findings on appropriations from the Committee for a Responsible Federal Budget.
Budget Offsets Series | Committee for a Responsible Federal Budget
1 day ago · ARCHIVE: Budget Offsets Bank. Note (7/14/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes updated options... Offsets that Congress can use to responsibly pay for its policies.
CRFB Reacts to House Budget Resolution
Sep 19, 2023 · CRFB Reacts to House Budget Resolution. Today, the House Budget Committee released its draft of the Fiscal Year (FY) 2024 budget resolution. The budget resolution proposes to bring the federal budget into balance by reducing baseline deficits by $14.4 trillion over ten years. This deficit reduction would come from a combination of spending cuts ...