Committee for a Responsible Federal Budget

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Voices Skeptical of the Size of $1.9 Trillion COVID Relief Plan

Congress is currently marking up a $1.9 trillion COVID relief package using budget reconciliation. While it's important to spend what is necessary to...

CBO Debt Baseline Emphasizes Need to Better Target COVID Relief Bill

For Immediate Release The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade, estimating that the...

President Biden's $1.9 Trillion COVID Plan vs. the GOP $618 Billion Plan: A Comparison

President Biden has proposed a $1.9 trillion “American Rescue Plan” for Congress to enact this spring as a COVID relief package. Last Monday, 10...

Building a Responsible COVID Relief Package

The House of Representatives is currently developing a $1.9 trillion COVID relief package. Policymakers should spend what is necessary to end the...

CBO Reports $738 Billion Deficit Through First Four Months of FY 2021

For Immediate Release The United States’ budget deficit for the first four months of fiscal year 2021 was $738 billion, according to the...

Important to Pay For Child Tax Credit Expansion

For Immediate Release Democratic lawmakers are planning to unveil legislation to substantially boost the Child Tax Credit from $2,000 to $3,000,...

Maya MacGuineas Joins CNN to Discuss COVID Relief Negotiations

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNN's "At This Hour" to discuss the latest COVID relief...

New CBO Data Makes Case for More Targeted COVID Relief Plan

As policymakers debate a new round of COVID relief, new Congressional Budget Office (CBO) data suggests a modest fiscal package could help secure a...

Mitch Daniels: We were right to worry about the nation’s fiscal future

Mitch Daniels, co-chair of the Committee for a Responsible Federal Budget, recently wrote an opinion piece for The Washington Post about the lack of...