Committee for a Responsible Federal Budget

Debt Rises to 175% of GDP Under CBO’s Long-Term Outlook

The national debt will rise to 175% of Gross Domestic Product (GDP) by 2056 – or $168 trillion – according to the ...
Opinion
Committee for a Responsible Federal BudgetOpinion

Maya MacGuineas: America Needs a Social Security Commission

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.
Committee for a Responsible Federal Budget

Fiscal Contingency Preparedness Act (FCPA) Frequently Asked Questions

Amid the growing bipartisan interest in the Fiscal Contingency Preparedness Act (FCPA), below are some frequently asked questions and answers about the bill. What does the bill do?
Committee for a Responsible Federal Budget

Net Interest Costs Will Double, Again, Over the Next Decade

Net interest on the national debt, the fastest growing part of the budget, is projected to more than double from $970 billion ...
Committee for a Responsible Federal Budget

CBO Projects High Federal Health Program Costs

Federal health programs will cost over $26 trillion through 2036, under the Congressional Budget Office (CBO) baseline, making health care the largest category of federal spending. In this piece, we ...
Committee for a Responsible Federal BudgetOpinion

The State of Our Union is More Indebted Than Ever

President Trump will deliver the State of the Union address this evening before a joint session of Congress. The occasion ...