Amid the growing bipartisan interest in the Fiscal Contingency Preparedness Act (FCPA), below are some frequently asked questions and answers about the bill. What does the bill do?

Federal health programs will cost over $26 trillion through 2036, under the Congressional Budget Office (CBO) baseline, making health care the largest category of federal spending. In this piece, we ...

Net interest on the national debt, the fastest growing part of the budget, is projected to more than double from $970 billion in Fiscal Year (FY) 2025 to $2.1 trillion by FY 2036 under ...

President Trump will deliver the State of the Union address this evening before a joint session of Congress. The occasion offers the President the opportunity to establish his policy agenda for the ...

Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and ...

The Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal authority in imposing them.

First, CRFB has repeatedly touted the fiscal effects of tariffs, pointing out that they have been generating meaningful new revenue – and this soaring revenue has been one bright spot in an otherwise ...

Funding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will commence a shutdown on Monday. The other 11 ...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.

On February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026 Congressional Budget Office (CBO) baseline.