Opinion
Committee for a Responsible Federal BudgetOpinion

What’s in the Senate FY 2026 Budget Resolution?

The Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about a year too late and includes ...
Committee for a Responsible Federal BudgetOpinion

Waiting To Rescue Social Security Has Weakened Our Options

Every year of delay promises more pain to come by requiring more changes to be implemented at a faster rate to avert ...
Committee for a Responsible Federal BudgetOpinion

1% Higher Interest Rates Add $3.5 Trillion in Debt

Interest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY ...
Opinion
Committee for a Responsible Federal BudgetOpinion

Senate Budget Resolution Falls Short

The Senate Budget Committee released a Fiscal Year 2026 budget resolution today that is expected to receive a vote in the full Senate soon. The resolution includes reconciliation instructions allowing ...
Committee for a Responsible Federal Budget

An Overview of the President's FY 2027 Budget

The Trump Administration released its Fiscal Year (FY) 2027 budget request today. While the President’s budget typically presents a comprehensive plan for addressing discretionary spending, mandatory ...
Committee for a Responsible Federal Budget

CRFB Statement on President’s FY 2027 Budget

President Trump released his Fiscal Year (FY) 2027 budget request today. The President’s budget is intended to outline the Administration’s priorities, including discretionary spending, mandatory ...
Committee for a Responsible Federal Budget

Potential Steel and Aluminum Tariff Changes Would Raise $70 Billion

Note: (04/02/2026) The Administration's proclamation issued today adjusting tariffs on the imports of steel, aluminum, and copper differs from reporting at the time of this estimate. Importantly, some ...