A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...

G. William Hoagland is Senior Vice President at the Bipartisan Policy Center and a director at the Committee for a Responsible Federal Budget.

The Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the House Budget Committee ...

In November 2025, following the longest government shutdown in modern history, Congress enacted three of the 12 appropriations bills – for Agriculture, Legislative Branch, and Military ...

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towar ...

The Trump Great Healthcare Plan calls for funding Cost-Sharing Reductions (CSRs) under the ACA. Funding CSRs would reinstate payments to health insurance companies to cover their cost, ending “ silver ...

Use CRFB’s Adjusted August 2025 Baseline, which accounts for the projected impact of the One Big Beautiful Bill Act (OBBBA), new tariffs, and other legislative changes implemented since the ...

The U.S. fiscal outlook is currently unsustainable. A new fiscal commission can help policymakers work on a bipartisan basis to identify the necessary tax and spending changes to help improve the ...

For example, the No UPCODE Act, introduced by Senators Bill Cassidy (R-LA) and Jeff Merkley (D-OR), would eliminate the use of health risk assessments used to boost coding intensity and utilize two ...

Transparency is certainly not a panacea for solving health care cost growth, and may turn out to have a limited effect on its own. But more transparency is an important step for facilitating many new ...

Fiscal Year (FY) 2026 began with the longest government shutdown in modern history, lasting from October 1, 2025 through November 12, 2025. On November 12, the President signed a funding measure that ...