Fix the Debt @FixtheDebt
The Campaign to Fix the Debt is a nonpartisan movement for government spending and tax reform to address the rising national debt. #fixthedebt fixthedebt.org Washington, DC Joined June 2012-
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Congress faces a series of fiscal deadlines this year that will force lawmakers to act on critical matters. See more deadlines at crfb.org/blogs/upcoming….
Hot off the presses: Our full analysis of today's CBO budget outlook. One tidbit: CBO projects the deficit will total $2.3 trillion (10.3% of GDP) in 2021, fall to a low of $905 billion (3.6%) in 2024, and grow to $1.9 trillion (5.7%) in 2031 crfb.org/papers/analysi….
From our preliminary look at the new CBO budget baseline: National debt will be slightly lower than projected late last year, but will still reach a record of 107% of GDP by 2031 crfb.org/blogs/cbo-rele…. Stay tuned for a deeper dive later today.
Have you RSVPd for our timely virtual event Thursday featuring experts discussing budget reconciliation? If not, register now. RSVP form and details at secure.everyaction.com/g9msPrZvKEiRCa….
Confronting the current crisis remains the priority, but rising national debt will have to be addressed when the economy is strong.
Confronting the current crisis remains the priority, but rising national debt will have to be addressed when the economy is strong.
Budget reconciliation is in the spotlight. What can be done through it? What can't? We're hosting an expert virtual panel discussion THIS THURSDAY featuring our @MarcGoldwein, @econwonk of @ThirdWayEcon and @FiatSlugz of @ConcordC. Learn more & RSVP today secure.everyaction.com/g9msPrZvKEiRCa….
NEW: #FixUS brought together former members of Congress, cabinet secretaries, governors, and ambassadors representing nearly 1,000 years of public service to answer the question, Why is governing no longer good politics? See their thoughts in our new paper fixusnow.org/thousand-years…
There are lots of questions flying around about reconciliation, like What is the "Byrd Rule"? Our updated primer has answers crfb.org/papers/reconci….
Recent events have shown that the time is now to #FixUS. Sign our petition secure.everyaction.com/aXk-1t9BlEyuCT….
Want to know what's in the latest #COVID19 relief bill and what it could mean for you? Register for Thursday's webinar to find out secure.everyaction.com/jcwEzAdjjEmLCR….
NEW: We estimate the fiscal year 2021 federal budget deficit will be $2.3 trillion crfb.org/blogs/2021-def….
ICYMI: We said goodbye to 2020 with our top 20 charts of the year crfb.org/blogs/our-top-….
The deadline to avoid a government shutdown is Dec. 28. POTUS must sign the omnibus or something else must pass before then. We have what you need to know about shutdowns crfb.org/papers/qa-ever….
The deadline to avoid a government shutdown is Dec. 28. POTUS must sign the omnibus or something else must pass before then. We have what you need to know about shutdowns crfb.org/papers/qa-ever….
Missed our lively @WUnrepresented discussion w/ @andrewdeforcem1, @lessig of @EqualCitizensUS, @ByrdKahlil of @InvestAmericaF & @MayaMacGuineas of @BudgetHawks? Watch the video youtu.be/RcIZO2UfDu4. Join #FixUS to get invited to great events like this fixusnow.org.
How do a broken federal budget process and rising national debt tie into a dysfunctional government? Watch a special screening of "UnRepresented" and join in a panel discussion tomorrow. Register now at secure.everyaction.com/Hg_4uL23VEaRbU….
Join us next week for a virtual screening of the award winning @WUnrepresented & online panel discussion w/ leading experts @lessig of @EqualCitizensUS, @MayaMacGuineas of @BudgetHawks, @ByrdKahlil of @InvestAmericaF & film producer @andrewdeforcem1. RSVP secure.everyaction.com/Hg_4uL23VEaRbU…
The priority now is to fight the crisis. Smart, phased-in deficit reduction will be needed after the economy is stronger to address high long-term national debt crfb.org/blogs/policyma….
New poll: 60% of voters believe the national debt will get worse over the next few years. That is very likely given the need to respond to the crisis. That means we will have to address high long-term national debt in a smart way after the economy recovers pgpf.org/what-we-are-do…
NEW: CBO estimates the federal budget deficit totaled $430 billion in October and November 2020, that is $87 billion more than the deficit recorded during the same period last year cbo.gov/publication/56….
What are the prospects for additional #COVID19 relief? How will that affect the long-term national debt? Listen to 3 experts discuss the situation the1a.org/segments/defic…
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130 Followers 817 Following Christ follower, AU fan, Blazer Graduate, husband, dad of 3 boys, and a libertarian with a little LThe House plans to vote on the $1.9 trillion #COVID19 relief package late tonight. See the how it emerged from several committees crfb.org/blogs/whats-19….
The House plans to vote today on the latest #COVID19 relief package. See five ways it could be improved crfb.org/blogs/five-way….
President Joe Biden's $1.9 trillion plan to combat the COVID-19 pandemic, including $1,400 personal checks, is likely to get closer to becoming law Friday – but it's about to get a rude welcome in the divided Senate.usatoday.com/story/news/pol…
Addressing the current crisis is the priority, but national debt will rise to record levels in the years to come. Policymakers will need to confront this when the economy recovers. See crfb.org/papers/analysi… and crfb.org/blogs/cbo-rele….
Fmr CEA Chair Greg Mankiw in @nytimes: "According to the Committee for a Responsible Federal Budget, the fiscal packages already in place, measured as [a share of GDP], are about a quarter larger than those enacted during the Great Recession of 2008." nytimes.com/2021/02/26/bus…
@Arnold_Ventures @WestHealth Capping all hospital payment rates at 200 percent of Medicare will reduce National Health Expenditures by just over $1 trillion over 10 years. See more from our new Health Savers Initiative brief with @Arnold_Ventures & @WestHealth crfb.org/papers/capping….
@Arnold_Ventures @WestHealth Reducing overpayments to Medicare Advantage Plans – due to reporting that makes patients look sicker than they really are – could save Medicare up to $355 billion over a decade. Learn more crfb.org/papers/reducin….
@Arnold_Ventures @WestHealth We could reduce national health care spending by as much as $672 billion over a decade if Medicare paid the same rates for medical services regardless of whether they’re performed in hospital outpatient depts or other equally safe & effective facilities crfb.org/papers/equaliz….
Our Health Savers Initiative released three new policy briefs, each with specific ideas to reduce health care costs in conjunction with @Arnold_Ventures & @WestHealth crfb.org/project/health….
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Check out the virtual discussion hosted by @purduemitch on civil discourse and the current state of our democracy. youtube.com/watch?app=desk… If you agree that we need to change course and create a path forward together sign our petition now: secure.everyaction.com/aXk-1t9BlEyuCT…
If we are going to change course, this is the moment to do it. If you are ready to help #FixUS and heal our political divisions sign our petition now: secure.everyaction.com/aXk-1t9BlEyuCT…
TOMORROW: Join #FixUS and members of the @EdelmanPR team at a virtual briefing on the 2021 Edelman Trust Barometer for insights into our growing mistrust of societal institutions and leaders. Register now: secure.everyaction.com/1GrIFju9MEqjYR…
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.@purduemitch will host a discussion with @HeidiHeitkamp and @SpeakerRyan today on “American Democracy: Where Do We Go From Here?” jconline.com/story/news/202… #FixUS
“'While the package is filled with good ideas and important priorities, it is fair to say it could be targeted much better,' says Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), a nonprofit watchdog group."
With the economy healing, is Biden's $1.9T COVID relief package too much? usatoday.com/story/money/20… via @USATODAY @PDavidsonusat @mcollinsNEWS @charissejones
The House will vote on its $1.9 trillion #COVID19 relief bill on Friday. See 5 ways it can be improved crfb.org/blogs/five-way…
"'On average, state revenue has mostly recovered...' said Marc Goldwein of the Committee for a Responsible Federal Budget." npr.org/2021/02/24/970…
Not all prior COVID-19 aid has been spent. But here's why schools, cities and states say they need more. Good dive into the details by @tamarakeithNPR and @HorsleyScott npr.org/2021/02/24/970…
"One way to empower rank-and-file members and tone down the party-over-public dynamic is to rediscover the importance of bipartisan policymaking through regular order." See the latest #FixUS op-ed from former members of Congress amp.kansascity.com/opinion/reader…
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