Committee for a Responsible Federal Budget

Weak Auctions Underscore Risks of our Growing Debt Burden

Auctions for the 2-year, 5-year, and 7-year Treasury notes went poorly last week and Treasury yields spiked, raising concerns about investor demand for U.S. debt. The auctions cleared at ...
Opinion
Committee for a Responsible Federal BudgetOpinion

CRFB Urges the Broad Use of the 3% Target in Budgets

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 ...
Opinion
Committee for a Responsible Federal BudgetOpinion

A $1.5 Trillion Defense Budget Could Mean Nearly $7 Trillion in Higher Debt

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

Statement for the Record on Social Security: A Discussion on the Facts and the Path Forward

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

Maya MacGuineas's House Budget Testimony on the 3% Fiscal Target

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 ...
Committee for a Responsible Federal Budget

Senators Introduce Fiscal Commission Act

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) ...