On November 27, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, ...

Through either legislation or new executive action, we find the incoming Administration and Congress could save up to $1.4 trillion, or up to $830 billion if certain rules are withdrawn and/or the ...

The Committee for a Responsible Federal Budget identified $700 billion of offsets ranging from limiting executive spending authority, reducing health care spending, cutting other mandatory spending, ...

Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers make the tax and mandatory spending changes necessary to meet the levels ...

With debt nearing record levels, interest payments surging, and major trust funds approaching insolvency, Congress should avoid worsening our already unsustainable fiscal situation during the ...

The gross national debt of the United States reached $36 trillion yesterday, just over three months since the previous milestone was reached at the end of July, according to the U.S. Treasury.

Some lawmakers are making the case that expiring tax cuts should be considered permanent in order to hide the $3.9 trillion increase in deficits that would result from extending the expiring portions ...

The federal cost of student loan programs has exploded over the last decade, transforming the program from a money-maker under typical scoring rules to a significant money-loser, based on current ...

The recent release of the final Monthly Treasury Statement from the Treasury Department shows that net interest costs totaled $882 billion in Fiscal Year (FY) 2024. The Monthly Treasury Statement ...

Marc Goldwin is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He wrote an opinion piece for the Los Angeles Times, an excerpt of which is below.

In January, the House Education and Workforce Committee reported out the College Cost Reduction Act (CCRA), which would make several changes to the student loan and Pell Grant programs for a savings ...

Congress is preparing to use budget reconciliation to fast-track consideration of a number of new policies, including, according to press reports, extending many or all of the expiring provisions from ...