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Press Release

FreedomWorks Statement in Response to CBO Projection of $1 Trillion Budget Gap by 2020

WASHINGTON, D.C. -- In response to the release today of the updated Congressional Budget Office (CBO) report that projects the United States’ budget gap to exceed $1 trillion in 2020, two years sooner than expected, Jason Pye, FreedomWorks Vice President of Legislative Affairs, commented:

08/21/2019
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Press Release

FreedomWorks Statement in Response to Release of 2019 CBO Budget Report

WASHINGTON, D.C. -- In response to the Congressional Budget Office’s (CBO) report, 2019 Long-Term Budget Outlook, Jason Pye, FreedomWorks Vice President of Legislative Affairs, commented:

06/25/2019
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Blog

Support the CBO Show Your Work Act, H.R. 1077

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and ask him or her to cosponsor the CBO Show Your Work Act, H.R. 1077. Introduced by Rep. Warren Davidson (R-Ohio), the CBO Show Your Work Act would require the Congressional Budget Office to make its models and data available to Congress and the public.

02/08/2019
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Blog

Support the Cost Estimates Improvement Act, H.R. 638

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and ask him or her to cosponsor the Cost Estimates Improvement Act, H.R. 638. Introduced by Rep. Michael Cloud (R-Texas), the Cost Estimates Improvement Act would require the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide the costs of servicing the public debt when producing cost-estimates of legislation and a list of any duplicative activities covered by a bill.

02/08/2019
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Blog

Support the CBO Show Your Work Act, S. 278

On behalf of FreedomWorks’ activist community, I urge you to contact your senators and ask them to cosponsor the CBO Show Your Work Act, S. 278. Introduced by Sen. Mike Lee (R-Utah), the CBO Show Your Work Act would require the Congressional Budget Office to make its models and data available to Congress and the public.

02/01/2019
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Blog

The Fiscal Disaster Facing the United States Is Much Worse Than It Appears

Back in April, the Congressional Budget Office (CBO) released regular budget outlook for the current year and 2019 through 2028 budget window. The report was concerning because it showed that the share of the debt held by the public as a percentage of gross domestic product (GDP) would increase from 78 percent in 2018 to 96.2 percent in 2028.

08/13/2018
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Blog

Almost 62 Percent of Federal Spending in 2018 Is Baked in the Budgetary Cake

Fiscal conservatives rightly opposed the Bipartisan Budget Act, H.R. 1892, because it blew through the spending caps by nearly $300 billion over two years and set the tone for more long-term spending by increasing the baseline at which Congress will budget. Still, this two-year budget deal only covers discretionary spending for FY 2018 and FY 2019 and doesn't touch mandatory spending, which includes programs like Medicare and Social Security whose funding runs on autopilot.

04/11/2018
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Blog

Latest CBO Report Shows Washington's Addiction to Spending Is Out of Control

On Monday, the Congressional Budget Office (CBO) released its semiannual report on federal spending. The report, The Budget and Economic Outlook: 2018 to 2028, looks at trends in federal spending, budget deficits, and the share of the national debt held by the public. If one is looking at the report through the lens of fiscal conservatism, the picture is ominous to say the least.

04/10/2018
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Blog

Support the CBO Show Your Work Act, S. 1746

On behalf of our activist community, I urge you to contact your senators and ask them to support the CBO Show Your Work Act, S. 1746, introduced by Sen. Mike Lee (R-Utah). The bill would require the Congressional Budget Office to make its models and data available to Congress and the public.

08/28/2017
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Blog

The CBO Reviews Trump's Budget

The Congressional Budget Office (CBO) has released its analysis of the President’s Budget Proposal. In collaboration with the Joint Committee on Taxation (JCT), the CBO reviewed the President’s proposals to see what the likely impact would be were they implemented. What it found was a major reduction in spending that would reduce the deficit and promote economic growth.

07/17/2017

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