Committee for a Responsible Federal Budget18 小时
As the Fed Cuts Rates, Treasury Yields Are Rising
As expected, yields on short-term Treasury bills fell in kind, with the 3-month yield dropping from 4.87 percent on September ...
Committee for a Responsible Federal Budget23 小时
12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
The federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the ...
Committee for a Responsible Federal Budget22 小时
Repealing WEP/GPO Would Raise Deficits, Weaken Social Security
The House of Representatives will soon vote on the Social Security Fairness Act, legislation which would repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Off ...
Committee for a Responsible Federal Budget1 个月
SALT Deduction Resources
The 2017 Tax Cuts and Jobs Act (TCJA) includes a $10,000 limit on the deduction for State and Local Taxes (SALT), which helps ...
Committee for a Responsible Federal Budget7 天
FY 2024 Ends with $1.8 Trillion Deficit
The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...
Committee for a Responsible Federal Budget4 天
CBO Estimates $255 Billion Deficit for First Month of Fiscal Year 2025
The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...
Committee for a Responsible Federal Budget1 个月
Board Members
The Committee’s Board comprises some of the nation's leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of ...
Committee for a Responsible Federal Budget23 天
What Would the Trump Campaign Plans Mean for Social Security?
The Social Security trust funds will be insolvent by Fiscal Year (FY) 2034, according to projections by the Congressional Budget Office (CBO), at which point the law calls for a 23 percent cut in ...
Committee for a Responsible Federal Budget1 个月
Is It Worth It?
The “Earned Income Tax Credit” is paid out to working families with low to moderate incomes. A family with more children receives a larger credit. The Earned Income Tax Credit is listed as both a ...
Committee for a Responsible Federal Budget1 个月
Build Your Own Tax Extensions
Large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are set to expire at the end of 2025. Design your own solution below. The TCJA repealed the personal exemption and in its place nearly doubled the ...
Committee for a Responsible Federal Budget11 天
Medicare Framework Calls for Important Site-Neutral Reforms
Site-neutral reforms represent an important intersection of sound fiscal policy, lower costs for Medicare beneficiaries, and bipartisan support to help drive momentum. Lawmakers should build upon this ...
Committee for a Responsible Federal Budget4 年
COVID Money Tracker
Explore the data and track the trillions of dollars of federal spending, tax cuts, loans, grants, and subsidies authorized and disbursed in the wake of the coronavirus pandemic and economic crisis.