Committee for a Responsible Federal Budget
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View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

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The Case for Restoring Discretionary Spending Caps

On February 18, 2022, the current continuing resolution will expire, and legislation will be needed to continue funding the federal government....
Oct 19, 2021 | Other Spending

Chartbook: Build Back Better for Less

Policymakers are apparently now targeting...
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Oct 12, 2021 | Other Spending

Build Back Better for Less: Two Illustrative Packages

Note: We have published a chartbook to accompany this paper...
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Q&A: Everything You Should Know About Government Shutdowns

The new fiscal year (FY) will begin on October 1, 2021, and Congress has so far enacted none of the 12 appropriations bills setting discretionary...
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Aug 31, 2021 | Health Care

Analysis of the 2021 Medicare Trustees' Report

The Social Security and...
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Aug 31, 2021 | Social Security

Analysis of the 2021 Social Security Trustees' Report

Today, the Social Security and ...
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Aug 13, 2021 | Budget Process

Reconciliation 101

Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers make the tax and...
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Q&A: Everything You Should Know About the Debt Ceiling

The federal debt ceiling will be reinstated on August 1, 2021, at...
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Jul 26, 2021 | Health Care

Injecting Price Competition into Medicare Part B Drugs

Medicare Part B, which covers outpatient physician services, pays for physician-administered drugs by reimbursing physicians the average cost for...
Jul 26, 2021 | Health Care

Limiting Evergreening for Name-Brand Prescription Drugs

To encourage medical innovation, the Food and Drug Administration (FDA) grants temporary market exclusivities to new brand name drugs. These...
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Jul 20, 2021 | Budgets & Projections

Five Reasons to Pay for New Investments

Congress and the Administration are currently negotiating and developing legislation to invest in physical infrastructure, education, and other...
Jul 14, 2021 | Taxes

Chartbook: Reducing the Tax Gap

One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “...
Jul 1, 2021 | Budgets & Projections

Analysis of CBO's July 2021 Budget and Economic Outlook

Today, the Congressional Budget Office (CBO) released initial details of its updated Budget...
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Jun 25, 2021 | Budget Process

Appropriations 101

What are appropriations? How does Congress determine the total level of appropriations...
May 28, 2021 | Budgets & Projections

President Biden's Full FY 2022 Budget

The Biden Administration today released its first full budget, laying out its proposals for...
May 19, 2021 | Budgets & Projections

Interest Payments in the Federal Budget

At a projected cost of over $300 billion this fiscal year,...
Apr 29, 2021 | Budgets & Projections

The Nation's Upcoming Fiscal Challenges

President Joe Biden and the nation face perhaps the most daunting fiscal situation on record. One hundred days into his presidency, President...
Apr 19, 2021 | Other Spending

COVID Bills Had $650 Billion in Extraneous Policies

Congress has authorized around $6 trillion of fiscal support in response to the COVID pandemic, with a projected net cost of well over...
Apr 13, 2021 | Other Spending

Alexander Holt's Senate Testimony on Student Debt's Burden on Borrowers and the Economy

On April 13, Committee for a Responsible Federal Budget policy analyst Alexander Holt testified at the Senate Banking Subcommittee on Economic...
Apr 9, 2021 | Budgets & Projections

President Biden's FY 2022 Discretionary Budget

Today, the Biden Administration released an abridged version of the...