Committee for a Responsible Federal Budget

GAO: Up to $304 Billion in Tax Fraud Annually

Tax fraud costs the federal government between $116 billion and $304 billion each year, according to a recent analysis by t ...
Opinion
Committee for a Responsible Federal BudgetOpinion

CBO Estimates $2.0 Trillion Deficit for Fiscal Year 2026

The United States borrowed $2.0 trillion in FY 2026, including $28 billion in the month of September, according to the latest ...
Committee for a Responsible Federal BudgetOpinion

U.S. Ran a $2 Trillion Deficit Last Year, We Estimate

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show ...
Committee for a Responsible Federal Budget

PWBM Shows Social Security Solvency Would Improve Fiscal Outlook, Boost Growth

Restoring solvency to the Social Security trust funds could grow the economy and help fix the debt, according to recent estimates of different Social Security solvency packages from ...
Committee for a Responsible Federal Budget

CBO Estimates Golden Dome Could Cost More than $1 Trillion

Earlier this year, the Congressional Budget Office (CBO) released an analysis estimating the 20-year cost of a National ...
Opinion
Committee for a Responsible Federal BudgetOpinion

CBO Finds Rising Rates Could Explode the Debt

The Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its Febr ...
Committee for a Responsible Federal Budget

Congress Clarifies Social Security's Retirement Ages

The Senate passed the Claiming Age Clarity Act by unanimous consent this week. Having passed the House last December, the ...
Committee for a Responsible Federal Budget

Committee for a Responsible Federal Budget

Find the latest analysis and findings on higher education from the Committee for a Responsible Federal Budget.
Committee for a Responsible Federal Budget

Treasury Implements Commonsense Efforts to Reduce Improper Payments

The Treasury Department announced today that it had significantly expanded the reach of the federal “Do Not Pay” system over the past fiscal year, verifying more than $3.7 trillion in payments in ...