On the other hand, PWBM and YBL estimate OBBBA will add more to the debt on a dynamic basis than under conventional scoring.

Leon Panetta and Bill Gradison Jr. are former Members of Congress and a Co-Chair and a Director, respectively, of the Committee for a Responsible Federal Budget.

The Congressional Budget Office (CBO) released an updated cost estimate for the House-passed One Big Beautiful Bill Act ...

Yesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we estimate will save roughly $355 billion between fiscal ...

Keith Hall is a former director of the Congressional Budget Office, former Commissioner of the Bureau of Labor Statistics, and former chief economist of the White House Council of Economic Advi ...

Mike Murphy is senior vice president and chief of staff at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for NC Political News, an excerpt of which is below.

The federal government borrowed $2.0 trillion over the past year – June 2024 to May 2025 – based on estimates from the ...

A deficit-financed reconciliation bill could raise Americans’ mortgage costs by thousands of dollars per year by pushing up ...

Although the concurrent budget resolution called for the House to cut mandatory spending by $2 trillion over the next decade, ...

Yesterday, the Congressional Budget Office (CBO) estimated that recent tariff policies would reduce deficits by $2.5 to $3 ...

CBO projects that rising debt will also slow economic growth and boost interest rates. Over the long term, we estimate based ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.