Committee for a Responsible Federal Budget1 天
$3 Trillion of Dynamic Feedback is Fantasy Math
The $3 trillion of claimed dynamic feedback is 14 times as large as the average estimate of $213 billion. Producing $3 ...
Committee for a Responsible Federal Budget1 天
Maya MacGuineas on CNBC's "The Exchange"
Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates of President Trump’s ...
Committee for a Responsible Federal Budget2 天
Trump Tax Priorities Total $5 to $11 Trillion
Reduce revenue by $5.0 trillion to $11.2 trillion over ten years. Lower revenue by 1.3 to 3.0 percent of Gross Domestic Product (GDP). Boost debt to between 132 and 149 percent of GDP by 2035, if not ...
Committee for a Responsible Federal Budget2 天
Interest on the Debt to Grow Past $1 Trillion Next Year
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
Committee for a Responsible Federal Budget3 天
Interest Costs Would Explode with $5.5 Trillion Reconciliation Package
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
Committee for a Responsible Federal Budget3 天
Pell Grant Program Is In Serious Trouble
The Pell Grants program is now expected to run out of reserves by the end of this year and is expected to face a $71 billion ...
Committee for a Responsible Federal Budget4 天
Debt-to-GDP Growth Could Double with a $5.5 Trillion Bill
According to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to ...
Committee for a Responsible Federal Budget4 天
How Much Revenue Will Trump's Tariffs Raise?
Sources: Committee for a Responsible Federal Budget estimates mainly based on data from the Congressional Budget Office (CBO) and U.S. Census Bureau. The estimates here closely match those in our ...