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.

Jan 8, 2025 · The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining 76 policy options to reduce the deficit. Most of the largest options relate to the cost of Social Security and health care – the largest parts of the budget – or to revenue. CBO also included a variety of options related to “other mandatory” programs, such as benefits for …

Jan 24, 2025 · FY 2025 & 2026 Budget Resolution Principles 2025-01-24 A fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal

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 …

Jan 8, 2025 · 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 …

Budget Offsets Bank 2025-01-08 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 reduction, the …

Nov 14, 2024 · This week, President-elect Trump announced that he would be establishing a “Department of Government Efficiency” (DOGE) which would be tasked with working outside the government to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Although many details remain unclear – …

Dec 5, 2024 · Papers View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

Find the latest analysis and findings on appropriations from the Committee for a Responsible Federal Budget.

Jan 28, 2025 · Several times a year, the non-partisan Congressional Budget Office (CBO) releases its “baseline” projections of future spending, revenue, deficits, and debt. In addition, the President and Congress each release their own medium-term tax and spending plans.