Committee for a Responsible Federal Budget20h
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 Budget1d
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 Budget1d
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 Budget4d
2024 Budget Bash Reception
On Wednesday, September 18, the Committee for a Responsible Federal Budget hosted our annual reception at the Observatory at America's Square. The evening featured an outdoor reception overlooking the ...
Committee for a Responsible Federal Budget4d
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 Budget7d
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 Budget12d
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 Budget16d
Recent Student Loan Actions Forgo $5 Billion in Repayments
The Department of Education announced last week a six-month extension of automatic forbearance to all borrowers enrolled in the "SAVE" income-driven repayment plan while it is being challenged in ...
Committee for a Responsible Federal Budget19d
Proposed Hardship Rule a Brazen Attempt at Student Debt Cancellation
Today the Department of Education officially proposed regulations related to cancelling student debt due to “hardship.” It contains two provisions, one that cancels debt for those that the Department ...