CBO’s dynamic score of OBBBA is similar to that of other forecasters. Through FY 2034, CBO estimates the bill will increase primary deficits by $3.1 trillion and total deficits by $4.2 trillion. Other ...
As the military conflict with Iran continues, there has been increasing discussion over a possible “war supplemental” to help ...
The One Big Beautiful Bill Act (OBBBA) included important reforms to limit states’ costly use of State Directed Payments ...
Recessions and other economic shocks are inevitable. Although the timing and particulars of the next downturn or emergency are hard to anticipate, one can predict with certainty that another will ...
On March 11, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the Fiscal Responsibility and Economic Growth Subcommittee of the Senate Committee on Financ ...
Senators John Curtis (R-UT) and Angus King (I-ME) recently introduced the Fiscal Commission Act, a bipartisan bill that would establish a fiscal commission to address the nations ...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Carolina Journal, an excerpt of which is below. Few fiscal issues are as ...