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Papers

View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

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Jun 7, 2019 | Budget Process

Appropriations 101

What are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
Kent Conrad
May 14, 2019 | Budget Process

Kent Conrad's Testimony on the Broken Budget Process

On May 14, 2019, former Senate Budget Committee Chairman and Committee for a Responsible Federal Budget board member Kent Conrad (D-ND) testified...
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May 13, 2019 | Health Care

Analysis of the 2019 Medicare Trustees' Report

The Medicare Trustees have released their 2019 report, which makes projections for Medicare spending and revenue for the next 75 years. The Trustees...
May 9, 2019 | Budgets & Projections

CBO's Analysis of the President's FY 2020 Budget

The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2020 budget using its own assumptions to evaluate the...
May 6, 2019 | Taxes

Joint Letter: Don't Revive the Expired Tax Extenders

Below is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the...
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May 1, 2019 | Budgets & Projections

Letter to Congress to Abide By PAYGO

Below is a letter from CRFB President Maya MacGuineas to all Members of Congress asking them to offset the costs of all new initiatives....
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Apr 22, 2019 | Social Security

Analysis of the 2019 Social Security Trustees’ Report

The Social Security Trustees released their annual report today, continuing to show that the Social Security program must address its funding...
Apr 16, 2019 | Budgets & Projections

Why Should We Worry About the National Debt: Questions and Answers

“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy....
Apr 16, 2019 | Budgets & Projections

Why Should We Worry About the National Debt?

Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two...
Social Security_Card
Apr 9, 2019 | Social Security

Letter for the Record on Comprehensive Legislative Proposals on Social Security

The Committee for a Responsible Federal Budget submitted a letter for the record from CRFB president Maya MacGuineas pertaining to the House Ways and...
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Mar 11, 2019 | Budgets & Projections

Analysis of the President’s FY 2020 Budget

The Trump Administration released its Fiscal Year (FY) 2020 budget proposal today, outlining the President’s tax and spending priorities over the...
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Mar 6, 2019 | Other Spending

Written Testimony on Our Nation's Crumbling Infrastructure and the Need for Immediate Action

The Committee for a Responsible Federal Budget submitted testimony for the record pertaining to the House Ways and Means Committee hearing on "Our...
Concept_DC_Capitol Building
Feb 27, 2019 | Budgets & Projections

Q&A: Everything You Should Know About the Debt Ceiling

One issue that must be addressed soon is the federal debt ceiling, which will be reinstated on March 2, 2019 at around $22 trillion. At that point,...
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Budget Resolution Principles for Fiscal Year 2020

The congressional budget resolution should establish the nation’s priorities, the approach to financing them, and a plan to ensure the nation is on a...
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Feb 20, 2019 | Other Spending

Charting a Responsible Path for Discretionary Spending

With the government now fully funded for Fiscal Year (FY) 2019, policymakers must begin the conversation over appropriate funding levels for next...
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Q&A: Everything You Should Know About Government Shutdowns

The fiscal year began on Oct. 1, 2018, and Congress has passed just five out of 12 appropriations bills setting discretionary spending levels....
Jan 28, 2019 | Budgets & Projections

Analysis of CBO’s January 2019 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
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Q&A: Everything You Should Know About Government Shutdowns

This paper has been updated here. The fiscal year began on Oct. 1, 2018, and Congress has passed just five out of 12 appropriations bills...
Dec 20, 2018 | Budgets & Projections

Maya MacGuineas's Testimony on the Perils of Ignoring Debt

On December 20, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Financial Services Committee on...
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Dec 6, 2018 | Taxes

Joint Letter: End the Tax Extenders Once And For All

Below is a joint letter to Congressional leadership and the heads of the taxwriting committees that it is time to end the practice of enacting...

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