Committee for a Responsible Federal Budget

Fiscal FactCheck

Donald Trump

Have Stock Market Gains Reduced the National Debt?

On Fox News last night, President Trump claimed the growth in the stock market has reduced the national debt. It has not. The two measures are not...
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Oct 6, 2017 | Blog Paper Press Release | Taxes

Does the State & Local Tax Deduction Mostly Help High-Income Households?

At a press briefing yesterday, White House Press Secretary Sarah Huckabee Sanders defended the fact that the Big 6 tax plan removes the state and...
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Does 3% Growth Mean We Can Go Much Higher?

Yesterday, President Trump gave a speech in which he mentioned that the U.S. economy grew 3.0 percent in the second quarter. While this is a solid...
Other Spending_Pentagon

Are We Spending Billions of Dollars More on the Military?

During his speech detailing his new strategy for Afghanistan, President Trump said, "Under my administration, many billions of dollars more is being...
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Do Retroactive Tax Cuts Do Much to Boost Economic Growth?

As talk of tax reform heats up, some are calling for tax cuts to be made retroactive. An article in The Hill reports that Representative Mark Meadows...
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Is CBO's Math on the BCRA Wrong Because It Uses Faulty Numbers?

The White House tweeted out a video Wednesday saying "the Congressional Budget Office's [CBO] math doesn't add up" because they use "faulty numbers...
Shipping

Did the Trade Deficit Cause $20 Trillion in Debt?

In a meeting with South Korean President Moon Jae-in, President Trump suggested that the national debt is caused by years of trade deficits. However...
Health Care_Doctors

Is There a Medicaid Spending Increase Under the Senate Health Bill?

President Donald Trump recently claimed on Twitter that Medicaid spending will go up under the Senate's Better Care Reconciliation Act (BCRA). It is...
Maya MacGuineas
Jun 27, 2017 | Blog Paper Press Release | Taxes

Maya MacGuineas: Trump is Wrong on US Tax Ranking, But We Still Need Tax Reform

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Jun 22, 2017 | Blog Paper Press Release | Taxes

Do Temporary Tax Cuts Only Have A Small Impact on Growth?

While promoting tax reform, House Speaker Paul Ryan stated Tuesday that temporary tax cuts do not produce a large boost to economic growth: These...

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