Committee for a Responsible Federal Budget

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Appropriations Watch: FY 2021

Congress began preliminary appropriations work for Fiscal Year (FY) 2021 in March and started marking up individual appropriations bills in July...

A July Update on the Paycheck Protection Program

The Treasury Department and Small Business Administration (SBA) this week released the names of over 650,000 businesses who received forgivable...

Options for a Responsible Defense Budget

Congress is considering the annual National Defense Authorization Act (NDAA) this month. The Senate Armed Services Committee approved a bill...

COVID-19 Doesn’t Justify Massive, Debt-Financed Infrastructure Spending

House Democrats yesterday released a sizeable highway and infrastructure bill , just as President Trump is also reportedly considering his own...

James Jones: Pandemic Isn't an Excuse for Reckless Spending

The signature accomplishment of the Trump administration, the 2017 tax cuts, greatly reduced federal revenue. Lawmakers simultaneously increased...

Maya MacGuineas Joins Fox News to Discuss COVID-19 Fiscal Relief

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox News' Special Report with Bret Baier . She discussed...

Over Half the COVID Fiscal Support is Now Out the Door

In response to the current pandemic and economic crisis, Congress and the President have enacted $4 trillion in spending, benefit payments, grants,...

Treasury Reports $399 Billion Deficit in May as COVID-19 Relief Continues

The United States budget deficit for the month of May totaled $399 billion, bringing the deficit thus far for fiscal year 2020 to $1.88 trillion,...

Paycheck Protection Program Flexibility Act Signed Into Law

Last week, the President signed into law H.R. 7010 , the Paycheck Protection Program Flexibility Act , which the House and Senate passed on May 28...