Committee for a Responsible Federal Budget

Debt & Deficits

How Long Before Cancelled Student Debt Would Return?

Federal student loan borrowers currently owe $1.6 trillion of student debt to the federal government.
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CBO Releases July 2021 Budget and Economic Outlook

The Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook

Kerrey and Danforth Sound the Alarm on Long-Term Debt

Former Senators Bob Kerrey (D-NE) and John C. Danforth (R-MO) recently published an op-ed in the Wall Street Journal highlighting the need to...
taxes

President's Budget Would Add More to Debt With Tax Cut Extensions

President Joe Biden's Fiscal Year (FY) 2022 budget include
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Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt.
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An Overview of the President’s FY 2022 Budget

Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining

CBO Releases Budget Projections Under Three Scenarios

Last week, the Congressional Budget Office (CBO) released a letter outlining how enac
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What Would it Take to Stabilize the Debt?

Federal debt held by the public is now larger than annual economic output and is 

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