Maya MacGuineas
@MayaMacGuineas
President, @BudgetHawks
Given that Congress just passed legislation that will make Social Security insolvent even sooner, we better get to work fixing it asap. dallasnews.com/opinion/commen…
Social Security recipients are set to face an $18,000 benefit cut in just seven years. trib.al/LCW0T21
And coming in dead last for the fiscal hero rankings...
🚨NEW: A bill has been introduced that would significantly worsen the fiscal effects of the already debt-increasing reconciliation law (the “One Big Beautiful Bill Act”) – only 11 days after the legislation was signed into law. The bill, introduced by Senator Josh Hawley (R-MO),…
Today, we brought together leaders from 16 bipartisan organizations. This is the beginning of an effort to build the bipartisan community in D.C. and throughout America — to get things done and make our nation stronger! Thank you for joining us, @NoLabelsOrg @WithHonorAction…
Meet the Co-Chairs of the Problem Solvers Caucus! @RepBrianFitz and @RepTomSuozzi are breaking the partisan gridlock in Washington. Together, they’re focused on finding common ground and delivering meaningful results for the American people. The Problem Solvers are here to get…
In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family. When I calculate the supply and demand for…
So many industries now use quick-payoff, lottery-style mechanics to spark demand, turning us all into what @profgalloway calls dopamonsters. - Daily stock options and 3x ETFs rather than mutual funds - In-game and parlays rather than point spread - Daily fantasy rather than…
Lot's of interesting takes on the bill worth reading.
On July 4, President Trump signed the One Big Beautiful Bill into law, calling it a “phenomenal victory” on the nation’s birthday. Today in The Free Press, we bring you a full spectrum of views on whether this bill will really Make America Great Again. thefp.com/p/-one-big-bea…
Can anyone find a school, state, or country that went phone free (bell to bell) and regrets it, or reversed it? The Netherlands went phone free in most schools in 2024. Their first major survey of schools finds very positive results: theguardian.com/world/2025/jul…
Wish we had used trillions more of these offsets for reconciliation. Now we should use them for a major debt deal to get our deficit down to 3% of GDP -- this was never going to be easy, and it just got a lot more difficult
🚨TRILLIONS OF DOLLARS IN OFFSETS: As lawmakers begin to write reconciliation legislation, the Committee has updated our Budget Offsets Bank, a series listing policy options to reduce the deficit or use as offsets: crfb.org/budget-offsets…. Although not necessarily additive,…
America's Deficit Reckoning: How the U.S. debt spiral could spark a crisis cnb.cx/4eKCMJm
We shouldn’t be passing any legislation that makes the debt worse,” says @mayamacguineas. “We should be passing legislation that reduces the debt, doesn’t add a penny, let alone $5.5trn.” The new tax bill, on “Checks and Balance economist.com/podcasts/2025/…
📰NEW in @dallasnews: What's more astonishing than recent warnings that #SocialSecurity will be insolvent in just 8 years? "That our political leaders have known for decades that the program faces insolvency and have failed to act," writes CRFB President @MayaMacGuineas.…
Enjoyed this discussion.
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, joined me on the Metals and Miners podcast to discuss President Trump's Big, Beautiful Bill and to dissect the U.S. fiscal abyss. With debt-to-GDP soaring past 120%, @MayaMacGuineas warns of an…
We have mixed feelings on the legislation
"In a massive fiscal capitulation, Congress has passed the single most expensive, dishonest, and reckless budget reconciliation bill ever – and, it comes amidst an already alarming fiscal situation," CRFB President @MayaMacGuineas writes in reaction to the House's passage of the…
The irony is at this. Bill included many of the tough choices that will be necessary to get our debt under control, including some very thoughtful reforms (and some less so). The fact it was all used to justify another $4 trillion a borrowing is sickening.
"In a massive fiscal capitulation, Congress has passed the single most expensive, dishonest, and reckless budget reconciliation bill ever – and, it comes amidst an already alarming fiscal situation," CRFB President @MayaMacGuineas writes in reaction to the House's passage of the…
Utter and absolute fiscal capitulation. crfb.org/press-releases…