Committee for a Responsible Federal Budget
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Press Releases

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Apr 21, 2020 | Budgets & Projections

Debt Rises $1 Trillion Over One Month

The national debt has grown by more than $1 trillion over the past month, from $17.5 trillion on March 17th to $18.5 trillion on April 17th....
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Apr 20, 2020 | Other Spending

COVID Money Tracker Launches to Enhance Transparency

Congress has already approved more than $2 trillion in fiscal measures to deal with the unprecedented economic and public health crisis caused by the...
Apr 18, 2020

Statement on the Passing of Paul O'Neill

Former Treasury Secretary and Committee for a Responsible Federal Budget board member Paul O’Neill died Saturday at the age of 84. The following is a...
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Apr 15, 2020

Fiscal Fallout Contest Winners Announced

The Committee for a Responsible Federal Budget today confirmed the winners for its first ever Fiscal Fallout Contest. The competition launched in...
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Apr 10, 2020 | Taxes

Phase IV COVID Relief Shouldn’t Be Tax Cuts 2.0

In response to the unprecedented economic crisis caused by the coronavirus (COVID-19) pandemic, lawmakers have enacted three pieces of legislation...
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Apr 1, 2020 | Other Spending| Economics

Don’t use COVID-19 to Excuse $2 trillion of Debt-Financed Infrastructure

For Immediate Release Yesterday, President Trump suggested that the next phase of economic relief to offset the...
Mar 31, 2020 | Taxes

Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis

With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering retroactively raising the $...
Mar 22, 2020 | Other Spending

Don’t Play Politics with the Coronavirus Response

For Immediate Release Policymakers are currently drafting legislation to mitigate the economic damage caused by the...
Mar 19, 2020 | Budgets & Projections

New CBO Baseline Reaffirms Challenge of Coronavirus Response

The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t incorporate the anticipated...
Debt Clock
Mar 11, 2020 | Budgets & Projections

Monthly Deficit Hits New Record

For Immediate Release The United States ran a record-high budget deficit in February 2020. According to the...

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