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Treasury: 2019 Deficit was $984 Billion

The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...

Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit

For Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...

The Prevent Government Shutdowns Act Will Not Cost $12.6 Trillion

The Prevent Government Shutdowns Act (PGSA) would establish an automatic continuing resolution (auto-CR) to prevent shutdowns and would put into...

Could Medicare for All be Financed Entirely by Cutting Defense Spending?

Last week, The New York Times published an op-ed entitled “We Don’t Need to Raise Taxes to Have ‘Medicare for All’.” In it, Lindsay Koshgarian,...

Policymakers Should Reject Efforts to Weaken SALT Cap

For Immediate Release The Senate is voting this afternoon to reopen state workarounds on the limits on the State and Local Tax (SALT) deduction...

Why Are CBO and SSA so Far Apart on SS2100?

Both the Social Security Administration's (SSA) chief actuary, and the Congressional Budget Office (CBO) recently released updated estimates of the...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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