The Education Department announced today that they will quadruple the auto-pay incentive to reduce a student loan borrower’s interest rate by 1 percent through 2028 if they enroll in auto-pay. We ...
Bill Huizenga (R-MI), and Scott Peters (D-CA) introduced the Budgeting for a Better America Act, bipartisan legislation to strengthen the congressional budget process, improve fiscal transparency, and ...
Marc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget.
The White House recently requested an $87.6 billion supplemental appropriations package. Their request includes over $70 billion for military and related expenses, including funding for the war in ...
The House Transportation and Infrastructure Committee recently approved a five-year reauthorization of surface transportation programs – the BUILD America 250 Act – on a bipartisan basis. Based on our ...
The national debt is on an unsustainable path and represents a growing threat to the budget and economy. Increasingly, even former “fiscal doves” are raising concern. Last week, Center for American ...
In its new report, “The Nation’s Fiscal Health,” the Government Accountability Office (GAO) projects the national debt will rise to 251 percent of Gross Domestic Product (GDP) by 2056 under a “current ...
Although a significant share of federal spending goes toward health care and Social Security, the budget covers many other areas from defense to food stamps to education.
The appropriations process for Fiscal Year (FY) 2027 has begun, with action expected in both the House of Representatives and the Senate. The appropriations process for FY 2026 was completed in April ...
Former President Donald Trump recently proposed eliminating taxes on overtime pay. On a static basis, we estimate ending taxes on all overtime pay would reduce revenue by $1.7 trillion from Fiscal ...
The Social Security retirement trust fund is projected to go insolvent in Fiscal Year (FY) 2032 under the Congressional Budget Office’s (CBO) new February 2026 Baseline, almost a year earlier than was ...
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