May 5, 2020 | Budgets & Projections
Treasury Will Borrow $3 Trillion in Just Three Months
For Immediate Release
The Department of the Treasury yesterday estimated that the second quarter of 2020 will see a record-breaking $3 trillion in...
Press Releases |
Apr 22, 2020 | Social Security
Trustees Detail Pre-COVID-19 Medicare, Social Security Insolvency Timeline
For Immediate Release
The Social Security and Medicare Trustees released their annual reports today showing that, before accounting for the COVID-19...
Apr 21, 2020 | Budgets & Projections
Debt Rises $1 Trillion Over One Month
For Immediate Release
The national debt has grown by more than $1 trillion over the past month, from $17.5 trillion on March 17th to $18.5...
Apr 20, 2020 | Other Spending
COVID Money Tracker Launches to Enhance Transparency
For Immediate Release
Congress has already approved more than $2 trillion in fiscal measures to deal with the unprecedented economic and public...
Apr 18, 2020
Statement on the Passing of Paul O'Neill
For Immediate Release
Former Treasury Secretary and Committee for a Responsible Federal Budget board member Paul O’Neill died Saturday at the age of...
Apr 15, 2020
Fiscal Fallout Contest Winners Announced
For Immediate Release
The Committee for a Responsible Federal Budget today confirmed the winners for its first ever Fiscal Fallout Contest. The...
Apr 10, 2020 | Taxes
Phase IV COVID Relief Shouldn’t Be Tax Cuts 2.0
For Immediate Release
In response to the unprecedented economic crisis caused by the coronavirus (COVID-19) pandemic, lawmakers have enacted three...
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 impact of the coronavirus (COVID-19...
Mar 31, 2020 | Taxes
Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis
For Immediate Release
With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering...
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 coronavirus (COVID-19) pandemic...