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What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs

Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
Apr 17, 2018 | Blog Paper Press Release Event

Congressional Memorial for Ed & Michael Lorenzen

Friends, family, and colleagues gathered at the Library of Congress for a memorial service in honor of Ed and Michael. Organized by House Minority...

Maya MacGuineas: Welcome to the woeful world of free-lunch economics

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...

Balancing the Budget Would Take $7 Trillion to $10 Trillion in Savings

The worsening budget outlook means that meeting certain fiscal goals is now much more difficult than it was previously. We estimate that balancing...

Letter to Members of Congress on Statutory Budget Deadline

The statutory deadline for a budget is April 15 and no budget is in sight. Instead, members of the House of Representatives are voting on a balanced...

Debt Could Reach Record Levels in a Decade

The Congessional Budget Office's (CBO) latest budget projections released this week show how much worse recent legislation has made the fiscal...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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