Committee for a Responsible Federal Budget10h
It’s Time to End the Employee Retention Tax Credit
With the national debt on course to reach a new record as a share of the economy in just three years, it should be a ...
Committee for a Responsible Federal Budget22h
Mitch Daniels: ‘The Day the Dollar Died’ is coming. What’s the plan?
Mitch Daniels is the 12th president of Purdue University, a former governor of Indiana, a former director of the Office of ...
Committee for a Responsible Federal Budget3d
Improper Payments Cost the Government Billions
Improper payments cost the federal government $236 billion in Fiscal Year (FY) 2023, according to testimony from the Gove ...
Committee for a Responsible Federal Budget9d
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 Budget13d
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 ...
Committee for a Responsible Federal Budget3d
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 Budget7d
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 Budget8d
IRS Cuts Would Cause $66 Billion of Revenue Loss
New Congressional Budget Office (CBO) estimates find that these cuts would weaken the agency’s tax enforcement capabilities, ...
Committee for a Responsible Federal Budget9d
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, ...
Committee for a Responsible Federal Budget7d
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 ...
Committee for a Responsible Federal Budget2d
House to Vote on Emissions Rule Repeal
The House of Representatives is expected to vote this week on a joint resolution to disapprove a rule finalized by the ...