Committee for a Responsible Federal Budget

Press Releases |

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Oct 22, 2021 | Budgets & Projections

Don’t Take Reconciliation Offsets Off the Table

For Immediate Release As lawmakers continue to negotiate their Build Back Better reconciliation plan, reports indicate growing objections...
Oct 20, 2021 | Budget Process

Congress Should Reject the Extenders Approach to Build Back Better

For Immediate Release According to news reports, the White House is floating a new framework for its Build Back Better reconciliation package that...
Oct 8, 2021 | Budgets & Projections

A $2.8 Trillion Budget Deficit

For Immediate Release The Congressional Budget Office released its final monthly budget review of fiscal year (FY) 2021 today, concluding the budget...
Oct 6, 2021 | Budget Process

Reconciliation Requires Tradeoffs, Not Gimmicks

For Immediate Release Policymakers are reportedly seeking to shrink the “Build Back Better” reconciliation plan from a proposed $3.5 trillion to...
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No Score, No Vote: House Should Not Vote on Reconciliation Without a Score

For Immediate Release Speaker Nancy Pelosi (D-CA) recently called for the House of Representatives to pass its reconciliation bill, the Build Back...
Sep 15, 2021 | Taxes

SALT Cap Repeal Does Not Belong in Reconciliation

For Immediate Release Though the recent draft tax legislation proposed by the Ways and Means Committee is silent on the issue of the $10,...
Sep 9, 2021 | Budgets & Projections

CBO Reports $173 Billion Deficit for August

The United States borrowed over $2.7 trillion in the first 11 months of fiscal year 2021, including $173 billion in...
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Sep 9, 2021 | Budgets & Projections

Responsibly Raising the Debt Limit

Yesterday, Treasury Secretary Janet Yellen warned Congress that the Treasury is likely to run out of extraordinary measures in October....
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Sep 7, 2021 | Budgets & Projections

Keeping Offsets on the Table

As lawmakers work to put together a reconciliation package that could include up to $3.5 trillion of gross spending and tax breaks, resistance has...
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Trustees Show Limited Time to Save Social Security and Medicare

Today, the Social Security and Medicare Trustees released their annual reports on the state of the trust funds. The Trustees find that Medicare’s...

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