Committee for a Responsible Federal Budget

Press Releases | February 2022

Feb 15, 2022 | Taxes

Gas Tax Holiday Would Take A Wrong Turn

The White House and some in Congress are reportedly considering suspending the 18.3 cent federal gas tax for the remainder of 2022. The...
Feb 8, 2022 | Budget Process

Third CR Emblematic of Broken Budget Process

The House of Representatives just passed a continuing resolution (CR) funding the government at last fiscal year’s funding levels for an additional...
Feb 8, 2022 | Budgets & Projections

CBO Reports $259 Billion Deficit for First 4 Months of Fiscal Year

The United States borrowed $259 billion in the first four months of fiscal year 2022, with a $119 billion surplus in January, according to the...
Feb 3, 2022 | Other Spending

COMPETES Act is Missing a Score and Offsets

The House of Representatives is set to vote on the America COMPETES Act of 2022 soon, which is its version of the Senate-passed United States...
Feb 2, 2022 | Budgets & Projections

A Smaller Reconciliation Bill Should Retain Offsets

Policymakers are currently considering if and how to develop new legislation, in place of the House Build Back Better Act, under the...