Committee for a Responsible Federal Budget
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Press Releases

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...
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...
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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...
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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...
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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...
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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...
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Apr 1, 2020 | Other Spending| Economics

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...

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