Committee for a Responsible Federal Budget13h
Keep Government Open Without More Debt
Fiscal Year (FY) 2024 will end on September 30, 2024, and zero of the 12 appropriations bills to fund the government have been signed into law.
Committee for a Responsible Federal Budget4d
Treasury: $1.9 Trillion Deficit in First 11 Months of Fiscal Year
The United States borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, according to the latest Monthly Treasury Statement from the Treasury ...
Committee for a Responsible Federal Budget4d
Repealing the WEP/GPO Provision Leads to Larger Deficits and Earlier Insolvency
Members of Congress recently filed a discharge petition on a bill to repeal Social Security’s Windfall Elimination Provision ...
Committee for a Responsible Federal Budget5d
IRS Cuts Would Cause $66 Billion of Revenue Loss
The continuing resolution recently introduced in the House of Representatives would extend the $20.2 billion in rescissions to the Internal Revenue Service (IRS) in this year’s appropriations bill ...
Committee for a Responsible Federal Budget6d
CBO Estimates $1.9 Trillion Deficit for First 11 Months of Fiscal Year
In the first eleven months of fiscal year 2024, the United States borrowed $1.9 trillion, including $381 billion in August, according to the latest Monthly Budget Review from the Congressional Budget ...
Committee for a Responsible Federal Budget6d
The 12-Month Rolling Deficit Totals $2.1 Trillion in August 2024
From September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the ...
Committee for a Responsible Federal Budget10d
Donald Trump’s Proposal to Lower the Corporate Tax Rate to 15%
President Trump recently proposed lowering the corporate tax rate from 21 to 15 percent for corporations that make their ...