Committee for a Responsible Federal Budget
Concept_DC_Washington Monument

Papers

View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

Concept_DC_Capitol Building
Apr 25, 2017 | Taxes

Principles for Responsible Tax Reform

The United States tax code has not been overhauled in over three decades, and it is in desperate need of reform. The current federal income tax is in...
Concept_DC_Capitol Building
Mar 30, 2017 | Budgets & Projections

CBO’s 2017 Long-Term Budget Outlook

The United States is on an unsustainable fiscal path, according to the Long-Term Budget Outlook released by the Congressional Budget Office (CBO)...
Concept_DC_White House
Mar 16, 2017 | Budgets & Projections

President Trump's FY 2018 "Skinny Budget"

The Trump Administration today released its "skinny budget," which details its plans for defense and non-defense discretionary spending for Fiscal...
Concept_Interest
Mar 15, 2017 | Budgets & Projections

Update: The Cost of Rising Interest Rates

Over the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget. Last year, the federal...
Concept_DC_Capitol Building
Mar 15, 2017 | Budget Process

Q&A: Everything You Should Know About the Debt Ceiling

Note: We have updated this Q&A. A new version is available here. Attention is turning towards raising the federal debt ceiling, which will be...
Concept_DC_Capitol Building
Mar 13, 2017 | Budget Process

The Better Budget Process Initiative: Setting the Benchmark: Reforms to Budget Baseline Rules

Budget baselines are among the most important – but widely misunderstood – elements of budgeting and policymaking. The budgetary impact...
Concept_DC_White House
Feb 23, 2017 | Budgets & Projections

What We’d Like to See in President Trump’s FY 2018 “Skinny Budget”

The Trump Administration is expected to soon release its first budget outlining the President’s priorities for Fiscal Year (FY) 2018 and the...
Taxes_IRS
Feb 16, 2017 | Taxes

Five Reasons to Pay for Tax Reform

An executive summary of this paper is available here. Tax reform is near the top of the agenda in Washington. This is encouraging because individual...
Feb 9, 2017 | Budgets & Projections

President Trump's Historic Debt Dilemma

As President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters...
Concept_Budget
Feb 7, 2017 | Budgets & Projections

Principles for the Fiscal Year 2018 Budget Resolution

The Congressional budget resolution is a guiding document that should establish the nation’s budget priorities, the approach to financing them...
Concept_Health Care_Medical Professionals
Jan 31, 2017 | Health Care

Chartbook: Affordable Care Act "Repeal & Replace" Effects & Implications

Below is a chartbook on the effects and implications of "repeal and replace" of the Affordable Care Act (ACA). Below are the charts with...
Concept_Capitol Building_Money
Jan 24, 2017 | Budgets & Projections

CBO’s January 2017 Budget and Economic Outlook

As President Trump enters his first full week in office, new Congressional Budget Office (CBO) projections show that he faces an unsustainable fiscal...
Health Care_Paperwork
Jan 17, 2017 | Health Care

Principles for Responsible "Obamacare" Repeal and Replace

Policymakers are expected to soon consider legislation to repeal and possibly replace large parts of the Affordable Care Act (“ACA” or...
Jan 9, 2017 | Budget Process

A Long-Term Budget for Entitlements and Required Revenues

by Stuart Butler and Maya MacGuineas This paper represents a joint project of the Brookings Institution and Committee for a Responsible Federal...
Health Care_Money
Jan 4, 2017 | Health Care

The Cost of Full Repeal of the Affordable Care Act

The Affordable Care Act (ACA), also known as “Obamacare,” includes a number of provisions to expand health care coverage, as well as...
Concept_calculator
Dec 14, 2016 | Budgets & Projections

The Cost of Rising Interest Rates

This paper has been updated and is avaible here Over the next decade, interest payments on the debt are projected to be the fastest growing part of...
Social Security_Card_Money
Dec 8, 2016 | Social Security

A Bipartisan Social Security Commission

In 1981, the Social Security trust funds were nearly empty and President Ronald Reagan and Congressional leaders in both parties appointed the...
Budget Process_Books
Dec 6, 2016 | Budget Process

Reconciliation 101

What is reconciliation? Reconciliation is a special legislative process created as part of the Budget Act of 1974. It is intended to help lawmakers...
Concept_DC_White House
Dec 1, 2016 | Budgets & Projections

Governing through Leadership: Steps to Secure Our Fiscal Future

A Memorandum to President-Elect Donald J. Trump    TO: President-Elect Donald J. Trump  FROM:  ...
Concept_DC_White House
Nov 3, 2016 | Budgets & Projections

A Lame Duck President in 2017?

by C. Eugene Steuerle, Maya MacGuineas, Tyler Evilsizer, and Caleb Quakenbush This report represents a joint project of the Urban-Brookings Tax...

Pages