News

Committee for a Responsible Federal Budget1dOpinion

Congress Should Extend Caps on Discretionary Spending

With the national debt on track to exceed record levels and recently made worse by the enactment of OBBBA, Congress should ...
Committee for a Responsible Federal Budget1d

Retirees Face an $18,100 Benefit Cut in 7 Years

The Social Security and Medicare trust funds are only a little more than seven years from insolvency, based on ...
Opinion
Committee for a Responsible Federal Budget4dOpinion

Final OBBBA Score Confirms Long Road to Fiscal Recovery

Today, the Congressional Budget Office (CBO) released its final conventional score of the recently-enacted reconciliation b ...
Committee for a Responsible Federal Budget2d

Bipartisan Lawmakers Introduce Fiscal Contingency Preparedness Act

This legislation is modeled off the RESILIENCE Act, introduced in October 2024 by former Senators Joe Manchin (I-WV), Mitt Romney (R-UT), and Mike Braun (R-IN) along with current Senator Mark Warner ...
Committee for a Responsible Federal Budget3d

What's In the One Big Beautiful Bill Act?

The recently-enacted One Big Beautiful Bill Act (OBBBA) will increase borrowing by $4.1 trillion through 2034 on a conventional basis, according to new ...