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Committee for a Responsible Federal Budget
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Our new analysis says repealing "Obamacare" entirely will cost roughly $350 billion over 10 years under conventional scoring or $150 billion with dynamic scoring.
The Affordable Care Act (ACA), also known as “Obamacare,” includes a number of provisions to expand health care coverage, as well as several offsets that raise taxes and slow the growth of Medicare spending. According to our latest estimates, repealing the ACA in its entirety would cost roughly $350 billion through 2027 under conventional scoring and $150 billion using dynamic scoring. In this paper, we offer rough estimates for a variety of full...
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There's no debating that the Committee for a Responsible Federal Budget was a presence at the 2016 presidential debates. See some highlights. And learn more about how we drove the 2016 debt debate at http://www.crfb.org/sites/default/files/CRFB2016Campaign.pdf
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The Federal Reserve yesterday decided to raise interest rates and expects more increases next year. As our new paper shows, we already spend more on interest on the national debt than on the Departments of Veterans Affairs and Homeland Security combined. Also more than the Departments of Education, Labor, Housing and Urban Development, and Transportation combined. And in a decade, interest will surpass Medicaid spending and equal defense spending. http://crfb.org/papers/cost-rising-interest-rates
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"Trump did not simply ignore questions of fiscal responsibility; he flung them down and danced upon them, offering a large and regressive tax cut that the Committee for a Responsible Federal Budget estimated would add about $4.5 trillion to the deficit over 10 years. And that’s before you consider the additional interest we’d have to pay on all that new debt. 'Under Trump’s campaign proposals,” the organization has written, “debt would exceed the size of the economy before the end of a theoretical second term and approach 150 percent of GDP after two decades.'”
This is one priority of the president-elect that other Republicans are likely to support, no matter how fiscally irresponsible.
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The Committee for a Responsible Federal Budget convened a forum on December 1, 2016 in Washington, DC. Co-chairs Leon Panetta, Mitch Daniels, and Tim Penny unveiled a new memo to President-elect Donald Trump - Governing through Leadership: Steps to Secure Our Fiscal Future. Read the memo at http://crfb.org/papers/governing-through-leadership-steps-secure-our-fiscal-future.
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The final presidential debate tonight will include questions on the national debt, entitlements, and the economy. We take a look at what we could and should hear from the candidates on these important topics.

And follow us on Twitter (@BudgetHawks) during the debate for live fact checking and analysis.
The first two presidential debates offered a lot of drama but little substance. So the final debate tonight is the last chance for voters to hear the presidential candidates debate the issues that will shape our economic future, among them slow economic growth, the increasing cost of entitlement programs, and our national debt, which is at a level not seen since the end of World War II and growing faster than the economy.
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Start off 2017 by checking out the Fiscal Follies of 2016 to avoid.
As 2016 comes to a close, it’s time to look back at the top fiscal developments of the year. Being optimists here at the Committee for a Responsible Federal Budget, we had hoped to offer a list of stirring accomplishments that would get the nation’s fiscal house in order. But it was not that type of year. Instead, we must once again offer our Fiscal Follies: the 10 worst fiscal moments of 2016. But lest we be accused of being too gloomy, we do of...
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Step #1 for President-elect Trump to secure our #FiscalFuture: Use the power of the presidency to elevate the importance of fiscal responsibility. See the other steps http://crfb.org/papers/governing-through-leadership-steps-secure-our-fiscal-future
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The Committee for a Responsible Federal Budget hosted a forum on December 7, 2016 to discuss Social Security reform and the benefits of a commission.
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The Committee for a Responsible Federal Budget had its presence felt at the presidential debates, as this highlight reel shows.
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"The Committee for a Responsible Federal Budget (CRFB) on Thursday released an open letter to the incoming president urging him to take control of exploding spending levels — even if the stance runs counter to his lofty campaign promises."

Read the new memo at http://crfb.org/papers/governing-through-leadership-steps-secure-our-fiscal-future.
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Promoting fiscal responsibility
Introduction
The Committee for a Responsible Federal Budget is a bipartisan, non-profit organization committed to educating the public about issues that have significant fiscal policy impact. The Committee is made up of some of the nation's leading budget experts including many of the past Chairmen and Directors of the Budget Committees, the Congressional Budget Office, the Office of Management and Budget, the Government Accountability Office, and the Federal Reserve Board.
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