Committee for a Responsible Federal Budget

Papers |

View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.
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Oct 12, 2021 | Other Spending

Build Back Better for Less: Two Illustrative Packages

Note: We have published a chartbook to accompany this paper. Policymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross...
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Q&A: Everything You Should Know About Government Shutdowns

The new fiscal year (FY) will begin on October 1, 2021, and Congress has so far enacted none of the 12 appropriations bills setting discretionary...
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Aug 31, 2021 | Health Care

Analysis of the 2021 Medicare Trustees' Report

The Social Security and Medicare Trustees released their annual reports on the long-term financial state of those programs. The reports are the first...
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Aug 31, 2021 | Social Security

Analysis of the 2021 Social Security Trustees' Report

Today, the Social Security and Medicare Trustees released their annual reports on the long-term financial state of the Social...
Budget Process
Aug 13, 2021 | Budget Process

Reconciliation 101

What is reconciliation? How do reconciliation instructions work? Can a reconciliation bill add to the budget deficit? What is...
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Q&A: Everything You Should Know About the Debt Ceiling

The federal debt ceiling will be reinstated on August 1, 2021, at around $28.5 trillion. At that point, the Treasury Department will begin using...
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Jul 26, 2021 | Health Care

Injecting Price Competition into Medicare Part B Drugs

Medicare Part B, which covers outpatient physician services, pays for physician-administered drugs by reimbursing physicians the average cost for...
Jul 26, 2021 | Health Care

Limiting Evergreening for Name-Brand Prescription Drugs

To encourage medical innovation, the Food and Drug Administration (FDA) grants temporary market exclusivities to new brand name drugs. These...
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Jul 20, 2021 | Budgets & Projections

Five Reasons to Pay for New Investments

Congress and the Administration are currently negotiating and developing legislation to invest in physical infrastructure, education, and other areas...
Jul 14, 2021 | Taxes

Chartbook: Reducing the Tax Gap

One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap.” The tax gap is the...