News

Committee for a Responsible Federal Budget1d

An August 2025 Budget Baseline

Importantly, the CRFB Adjusted August 2025 Baseline does not incorporate the dynamic effects from OBBBA nor other changes to ...
Committee for a Responsible Federal Budget7d

As Social Security Turns 90, It's Racing Towards Insolvency

Social Security turns 90 today – but its retirement program is on course to be insolvent by age 97 – according to new ...
Committee for a Responsible Federal Budget8d

Gross National Debt Reaches $37 Trillion

The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had ...
Committee for a Responsible Federal Budget9dOpinion

Tariffs Are Generating Meaningful New Revenue

On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 ...
Committee for a Responsible Federal Budget8d

Offsetting ACA Enhanced Subsidy Extensions

There are also a variety of health-related policy options available to offset any extension, including many outlined in our ...
Committee for a Responsible Federal Budget8dOpinion

New York Times Article Does More to Perpetuate Myths than to Dispel Them

With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths ...
Committee for a Responsible Federal Budget9d

12-Month Rolling Deficit is $1.9 Trillion in July 2025

The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the ...
Committee for a Responsible Federal Budget3mon

Maya MacGuineas on Fox Business' "Mornings With Maria"

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss CBO projections of the One Big Beautiful Bill Act, President ...