Committee for a Responsible Federal Budget

Press Releases |

Jan 11, 2022 | Other Spending

New COVID Wave Does Not Justify Further Borrowing

As the Omicron variant of COVID-19 continues to spread through the United States, press reports suggest policymakers are considering...
Jan 10, 2022 | Budgets & Projections

U.S. Borrowed $2.6 Trillion in Calendar Year 2021

The United States borrowed nearly $2.6 trillion in calendar year 2021, including $20 billion in December, according to the latest...
Dec 16, 2021 | Budget Process

Statement on $2.5 Trillion Debt Ceiling Increase

Today, President Biden signed into law a $2.5 trillion increase in the ceiling on federal debt. This increase will raise the total debt ceiling to $...
Dec 10, 2021 | Budgets & Projections

CBO Analysis Highlights Risk of Arbitrary Expirations

The House-passed Build Back Better Act incorporates numerous arbitrary sunsets in order to hold down its costs. Today, the Congressional Budget...
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December Sequester Suspension Misses the Mark

For Immediate Release Congress is considering legislation that will cancel the PAYGO sequester for 2022, extend temporary COVID-era Medicare payment...
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Dec 3, 2021 | Other Spending

Senate Should Make Build Back Better, Better

For Immediate Release The Senate this month is planning to consider the $2.4 trillion Build Back Better Act, which passed the House of...
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Congress' December Challenges Can't Wait

For Immediate Release As lawmakers continue to debate the Build Back Better reconciliation bill, they have a number of pressing deadlines and policy...

Build Back Better Act Score Highlights Need for Improvements

For Immediate Release Today, the Congressional Budget Office (CBO) published its full score and estimate of the House Build Back Better Act (...
Nov 5, 2021 | Other Spending

House Build Back Better Bills Are Built on Shaky Foundation

For Immediate Release The House is slated to vote today on two parts of the President’s Build Back Better agenda – the bipartisan...
Nov 1, 2021 | Budgets & Projections

No Score, No Vote

For Immediate Release The House apparently intends to vote on the latest version of the Build Back Better Act as soon as this week,...