Topic: Committee for a Responsible Federal Budget

Featured

Can the national debt be cut? How Republican candidates' plans compare.

Here's a comparative look at the candidates based on the group's numbers.

All Content

Federal deficit falling fast: Is that a good thing ... or a bad thing?

New estimates show the US federal budget deficit falling faster than forecast. To some, that's a sign that fiscal policy is becoming too austere, valuing quick cuts over more-needed reforms.
Obama budget plan would cut deficits – but enough?

A sketch of President Obama's new budget proposal shows a modest amount of deficit reduction, but some experts say more is needed to set the US on a stable economic path.
Democrats' new budget proposal: why it's balanced ... but not balanced (+video)

Senate Democrats have put forward a new budget proposal that offers balanced deficit reduction (between cuts and new tax revenue), but doesn't balance the budget.
Life after 'sequester': Does federal budget have $1 trillion in fat to cut?

Deficit hawks say that, 'sequester' or not, federal spending needs to come down by at least $1 trillion during the next decade. But finding that money just in government waste is hard.
Obama's plan to replace the 'sequester': Does the math add up?

President Obama wants to replace the sequester with a package of spending cuts and tax revenues adding up to $1.5 trillion over 10 years. But some say that's not enough savings.
‘Grand bargain’ on deficit reduction: RIP?

President Obama's State of the Union address did nothing to address the nation's long-term fiscal imbalance, say deficit hawks. But Republicans share the blame.
Beyond the 'cliff': Why spending cuts are next on the agenda (+video)

The just-concluded fiscal cliff deal answered most questions about taxes, for now, but until Obama and Congress address spending cuts, the federal deficit problem has not been solved.
Social Security reform: What 'chained CPI' proposal by Obama means

Obama proposes revising the way Social Security benefits get adjusted each year to help retirees cope with inflation, as part of 'fiscal cliff' talks. Here's how 'chained CPI' would alter the status quo.
Why Obama insists on higher tax rates for the wealthy

As the 'fiscal cliff' looms closer, President Obama says higher tax rates for the wealthy – not just revenue from limiting deductions and other sources – is his nonnegotiable demand.
Cover Story Five reasons America won't fall off the 'fiscal cliff'

The political and economic ramifications are too big for Washington to let the large tax increases and spending cuts take effect. But this doesn't necessarily mean lawmakers will craft a decisive solution to the nation's fiscal woes.
Political gridlock over 'fiscal cliff'? Not if CEOs can help it.

President Obama was set to meet with the leaders of a dozen major US corporations Wednesday, with the fiscal cliff a central topic. Businesses have rallied in trying to nudge officials toward a deal.
Great expectations for US economy: Are Obama, Romney too optimistic?

Mitt Romney and President Obama both present to voters rosy views of future economic growth. Those scenarios aren't impossible, but it's fair to attach some big asterisks to them.
Fix the Debt: CEOs launch drive for 'grand bargain.' Is Washington listening?

The Fix the Debt CEOs, who are dedicated to pushing Washington toward a deficit-reducing 'grand bargain,' say they were appalled by the reckless debate over the debt ceiling in 2011.
Mitt Romney pitches smaller government: Is his target realistic?

While President Obama sees sizable government as fostering economic growth, Mitt Romney wants to cap federal spending at 20 percent of GDP. Is that goal feasible – and economically helpful?
Donald Marron Think the corporate tax system is broken? Go ahead, try to fix it.

To offset the costs of cutting corporate tax rates, policymakers will need to roll back tax preferences, each of which has powerful defenders, Marron writes. To illustrate the challenge, Marron highlights a tax reform calculator from the Committee for a Responsible Federal Budget.
Decoder Wire Bipartisan powers, activate! Can Congress's debt avengers be superheroes?

Once again, Washington's bipartisan, blue-ribbon, out-of-power elite gathers to urge Congress to break the gridlock and do the right thing on the nation's looming financial Armageddon.
Decoder Wire Fiscal zombie apocalypse in Washington? Obama and Congress on taxes. (+video)

Lawmakers and the White House keep putting off tough fiscal and political decisions until after the elections, prompting criticism that this is a 'Zombie Congress.'
Is the Obama health-care law a huge tax increase?

Responding to the Supreme Court's historic ruling on the Affordable Care Act, Republicans are refocusing criticism on the tax fallout from health-care reform. Is it a tax hike? Yes. But on whom?
Health-care law: How Supreme Court ruling could affect US budget

US Supreme Court ruling on the health-care reform law's constitutionality will affect more than the making of public policy. It could also swing the federal budget significantly in either direction.
Tax VOX Why GOP candidates would make the national debt worse

Which Republican Presidential candidates would successfully eliminate the deficit and national debt? According to a new analysis from the non-partisan Committee for a Responsible Federal Budget, none of them would.
Can the national debt be cut? How Republican candidates' plans compare.

Here's a comparative look at the candidates based on the group's numbers.
Keen on slashing the national debt? Ron Paul is your man.

Ron Paul ranks as the one candidate among four whose announced policies would leave America with a lower national debt than it would have under a status quo course, according to a new analysis.
Six days left: Slowly, for super committee, failure is becoming an option

Republicans and Democrats remain far apart on how much tax hikes should contribute to deficit reduction. The deadline for the super committee to reach a deal is next Wednesday.
11/18/2011 06:31 pm
Donald Marron How to solve foreign debt? Go big

Large scale measures are the only way to solve a nation's debt problem. That goes for the United States, too.
09/19/2011 11:00 am
From jobs plan to tax cuts, can deficit ‘super committee’ handle mission creep?

The bipartisan deficit 'super committee' is charged with finding $1.5 trillion in savings over 10 years. Can it find $450 billion more to fund Obama's jobs plan? Can it find $4 trillion? More?
09/14/2011 06:49 pm