There are also a variety of health-related policy options available to offset any extension, including many outlined in our Budget Offsets Bank and discussed below. Importantly, estimates are ...

With Social Security’s 90 th birthday approaching, The New York Times (NYT) published an article this week alleging “ 6 myths ...

The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant at around $36.2 trillion since January after the ...

On August 7, the Trump Administration finalized a new set of “reciprocal tariff rates” that generally range from 10 to 41 ...

The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the ...

Pay-As-You-Go” or PAYGO rules and laws require offsets for new tax cuts and mandatory spending so they do not add to the debt ...

CMS’s efforts to reduce waste, fraud, and abuse go further. For example, CMS recently announced that they were more aggressively targeting Medicare Advantage (MA) audits through their Risk Adjustment ...

Earlier this month, the President signed the 2025 reconciliation law – also known as the “One Big Beautiful Bill Act” (OBBBA) ...

Committee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the latest inflation reports, President Trump's trade negotiations ...

Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) ...

Note: This blog was updated on 8/4/25 to reflect CBO's newly-released estimates of the permanent cost of certain expiring tax provisions in OBBBA. The recently-enacted One Big Beautiful Bill Act ...

Today, the Congressional Budget Office (CBO) released its final conventional score of the recently-enacted reconciliation bill known as the One Big Beautiful Bill Act (OBBBA). CBO estimates that the ...