Dec 11, 2020 | Other Spending
Keep Waste Out of Year-End Spending Deal
For Immediate Release
The House has passed and the Senate is set to vote on a one-week continuing resolution to extend government funding through...
Press Releases |
Dec 2, 2020 | Taxes
COVID Relief Should Not Include Tax Giveaways
For Immediate Release
The Senate Majority Leader released a revised $550 billion COVID relief proposal yesterday afternoon. Like the Heroes Act...
Dec 1, 2020 | Budgets & Projections
Policymakers Must Not Ignore the Long-Term Debt Outlook
For Immediate Release
Today, Larry Summers and Jason Furman released a new working paper, A Reconsideration of Fiscal Policy in the Era of Low...
Nov 9, 2020 | Budgets & Projections
CBO Confirms Debt Exceeded 100% of GDP for FY 2020
For Immediate Release
The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020, which confirms that...
Oct 21, 2020 | Budgets & Projections
Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
The bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...
Oct 16, 2020 | Budgets & Projections
Treasury Shows Record Borrowing
The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
Oct 8, 2020 | Budgets & Projections
The National Debt is Now Larger than the Economy
For Immediate Release
The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record...
Sep 29, 2020 | Other Spending
Presidential Candidates Ought to Share Their Plans for the Debt
For Immediate Release
The first of three presidential debates will take place tonight, with much of the focus on near-term issues such as the COVID-...
Sep 21, 2020 | Budgets & Projections
The Long-Term Debt Outlook is Unsustainable
For Immediate Release
The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns that our current high levels of...
Sep 15, 2020 | Budget Process
Congress Must Reach Quick, Reasonable Funding Deal
For Immediate Release
With government funding set to expire at the end of this month, lawmakers are negotiating to avert a potential shutdown in the...