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CBO Projects Social Security Will Run Out of Funds in 13 Years

As we've warned many times before, Social Security is rapidly headed toward insolvency. Recent projections from CBO's Long-Term Budget Outlook...

Health Care Spending in the Long-Term Outlook

The Congressional Budget Office's (CBO) long-term outlook shows debt reaching an all-time record as a share of GDP by 2034 and nearly doubling as a...

The Deficit Is Not "Coming Down Rapidly"

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...

Farm Bill Is a Missed Opportunity

For Immediate Release Today, the Senate passed the Agriculture Improvement Act (Farm Bill), which would extend a variety of farm subsidy and...

Concerned Actuaries Group Publishes New Analyses on Health Care System’s Sustainability

Last month, the Committee for a Responsible Federal Budget and the Concerned Actuaries Group launched the American Health Care Initiative, a...

CBO is Pretty Good at Estimating Spending

In March 2016, CBO estimated the federal government would spend $4.06 trillion for fiscal year (FY) 2017 – a number that would increase to $4.08...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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