The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural ...

While lawmakers can still pass debt-financed tax cuts and mandatory spending increases under statutory PAYGO, the law requires them to review these decisions and ensure that they are not ...

The Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Revi ...

Maya MacGuineas is the President of the Committee for a Responsible Federal Budget. Her areas of expertise include budget, tax, and economic policy. Through the Committee’s project, FixUS, she also ...

The Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a ...

The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...

Members of the Bipartisan Fiscal Forum (BFF) spoke yesterday on the House of Representatives floor to highlight the danger ...

The federal debt is nearly the size of the economy, and deficits are expected to exceed $1 trillion almost every year going forward. In order to help policymakers offset the cost of new spending ...

Explore the data and track the trillions of dollars of federal spending, tax cuts, loans, grants, and subsidies authorized and disbursed in the wake of the coronavirus pandemic and economic crisis.

The “Earned Income Tax Credit” is paid out to working families with low to moderate incomes. A family with more children receives a larger credit. The Earned Income Tax Credit is listed as both a ...

Under current law through 2025, $1,700 of the $2,000 child tax credit can be "refundable," meaning it can be issued as a refund to those with no tax liability. The credit phases in by 15 percent of ...

Some of our most important federal programs are financed through dedicated revenue sources and managed through federal trust funds. Over the next decade, these trust funds face a combined $3.2 ...