Fiscal FactCheck

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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?

Chairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?

UPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
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The Deficit Is Not "Coming Down Rapidly"

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...
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Did the U.S. Really Spend $7 Trillion on Middle Eastern Wars?

In a roundtable in Minnesota yesterday, President Donald Trump claimed "we have $7 trillion in the Middle East", a rephrasing of his previous claims...
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Does the Rescissions Bill Cut $15 Billion in Spending?

The President recently updated and revised his request to rescind some spending, removing some cuts from the proposal and clarifying others. The...
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Does the Rescissions Bill Undermine Children's Health Care?

Many have criticized President Trump's $15 billion rescission package for cutting the Children's Health Insurance Program (CHIP). For instance, a...
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Is CBO "Always Wrong" Because It Doesn't Understand Growth?

In dismissing projected trillion-dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should "never believe the...
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Factchecking the Senate Budget Committee Hearing with CBO

At least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking....

Did the Last Farm Bill Really Save $100 Billion?

The 2014 farm bill is set to expire on September 30, at which point lawmakers will need to renew and perhaps reform farm subsidy and nutrition...
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Does the President's Budget Slash Social Security and Medicare?

Several lawmakers have claimed that President Trump's latest budget would "slash," "gut," and "devastate" Social Security, Medicare, and Medicaid. It...

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