The President’s budget also forecasts inflation as measured by the GDP price index will fall from 2.8% in calendar year 2025 ...

The budget proposes to increase total defense funding to $1.5 trillion in FY 2027 – including $350 billion of funding in a new reconciliation bill and a $251 billion increase in base defense ...

The Wall Street Journal reported today that the Trump Administration could soon issue a presidential proclamation to modify the tariffs on steel and aluminum derivative products. Based on our ...

Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the ...

A number of federal budget proposals should soon be released for the upcoming fiscal year and decade, including the President’s budget, the House and Senate Budget Committees’ budgets, and quit ...

President Trump is expected to release his Fiscal Year (FY) 2027 budget later this week, which may include a proposal ...

The Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the Senate Budget Committee ...

The consecutive poor auctions last week are a reminder that increased uncertainty can quickly translate into volatility in ...

Social Security is projected to be insolvent in less than seven years. Lawmakers need to make changes to the funding and ...

Note - Parts of this blog are an update to our previous blog on the House version of the Fiscal Commission Act. Senators John Curtis (R-UT) and Angus King (I-ME), joined by Senators Chris Coons (D-DE) ...

On March 26, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the House Budget Committee on "The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Pat ...

Senators Kevin Cramer (R-ND) and Angus King (I-ME), joined by Senators David McCormick (R-PA) and Gary Peters (D-MI), introduced a resolution in the Senate last week calling for setting a target of ...