Committee for a Responsible Federal Budget3d
Reconciliation Should Indeed Reduce Budget Deficits
The Republican Study Committee (RSC) Steering Committee released their position calling for deficit reduction in the upcoming budget reconciliation process, writing “Reconciliation legislation must ...
Committee for a Responsible Federal Budget5d
Weakening the SALT Cap is Costly, Benefits High-Earners, & Increases Tax Complexity
The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...
Committee for a Responsible Federal Budget5d
Meeting Fiscal Goals Under CBO’s January 2025 Baseline
Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...
Committee for a Responsible Federal Budget6d
More than 4/5 of Spending Growth Will Come from Social Security, Health, & Interest
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
Committee for a Responsible Federal Budget6d
CBO’s Discretionary Savings Options
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...