According to the Congressional Budget Office (CBO), the House-passed OBBBA would add roughly $3 trillion to the debt through ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add about $3 trillion to the debt, including interest, on a ...

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 ...

Now that the House of Representatives has passed its version of the Fiscal Year (FY) 2025 reconciliation bill – the ...

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.

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for U.S. News and World Report, an excerpt of which is below.

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.

As Washington continues to debate the future of federal tax and spending policy, Social Security and Medicare remain on a path toward insolvency. Without legislative action, beneficiaries and health ...