The Committee for a Responsible Federal Budget (CRFB) is a non-profit public policy organization based in Washington, D.C. that addresses federal budget and fiscal issues. It was founded in 1981 by former

United States Representatives The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they ...

Robert Giaimo Robert Nicholas Giaimo (October 15, 1919 – May 24, 2006) was a Democratic US Representative from Connecticut. He co-sponsored the legislation creating the National Endowment for the Arts and the National Endowment for the Humanities. He help ...

(D-CT) and

Henry Bellmon Henry Louis Bellmon (September 3, 1921 – September 29, 2009) was an American Republican politician from the U.S. State of Oklahoma. A member of the Oklahoma Legislature, he went on to become both the 18th and 23rd governor of Oklahoma, mai ...

(R-OK), and its board of directors includes former Members of

Congress A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...

and directors of the

Office of Management and Budget The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, pol ...

, the

Congressional Budget Office The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress. Inspired by California's Legislative Analyst's Office that manages ...

and the

Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...

History

The organization was founded by former Representative and Chairman of the

House Budget Committee The United States House Committee on the Budget, commonly known as the House Budget Committee, is a standing committee of the United States House of Representatives. Its responsibilities include legislative oversight of the federal budget process, ...

(D-CT) and former Representative and Ranking Budget Committee member

(R-OK) on June 10, 1981. After leaving Congress, the two decided that the country needed an organization outside of government committed to advocating for sound budget process, and decided to convene a group including other former Budget Committee Chairmen, former Directors of the Office of Management and Budget, leading economists, and businessmen. In the 1990s, the CRFB formed the Cost Containment Coalition, led by then-president Cox, to find a solution to what some had termed a health care crisis. This coalition was later criticized for receiving funding from Philip Morris and the Tobacco Institute. The Coalition lobbied against an excise tax on tobacco under consideration by the Clinton administration. CRFB was also host of the Peterson-Pew Commission on Budget Reform, which released its initial report, "Red Ink Rising," in December 2009 and its second report, "Getting Back in the Black," in November 2010.

Leadership

The committee's first president was Carol Cox Wait, who served until 2003 and remained on CRFB's board of directors. Wait was succeeded by Maya MacGuineas, who also served as Director of the Fiscal Policy Program at the

New America Foundation New America, formerly the New America Foundation, is a think tank in the United States founded in 1999. It focuses on a range of public policy issues, including national security studies, technology, asset building, health, gender, energy, educa ...

. In July 2015, CRFB announced

Mitch Daniels Mitchell Elias Daniels Jr. (born April 7, 1949) is an American academic administrator, businessman, author, and retired politician. A Republican, Daniels served as the 49th governor of Indiana from 2005 to 2013. Since 2013, Daniels has been pr ...

Leon Panetta Leon Edward Panetta (born June 28, 1938) is an American Democratic Party politician who has served in several different public office positions, including Secretary of Defense, CIA Director, White House Chief of Staff, Director of the Office of ...

and Timothy Penny as the new co-chairs of its board. CRFB's board of directors was previously co-chaired by

William Frenzel William Eldridge Frenzel (July 31, 1928 – November 17, 2014) was a Republican member of the United States House of Representatives from Minnesota, representing Minnesota's Third District, which included the southern and western suburbs of Min ...

(R-MN), Timothy Penny (I-MN), and

Charles Stenholm Charles Walter Stenholm (born October 26, 1938) is an American businessman and Democratic Party politician from a rural district of the State of Texas. After establishing himself as owner/operator of a large cotton farm, he entered politics and ...

(D-TX), all former Congressional representatives. The organization's activities are overseen by a 40-member board of directors composed of experts and prominent figures in federal budget, tax and fiscal policy. A large part of the board is composed of former directors of major budget-related government offices including the

(CBO), the

(OMB), the House and Senate Budget Committees, and the

Federal Reserve Board of Governors The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the mon ...

. The group also includes numerous former Congressmen, former U.S. Comptrollers General, university and think tank experts on fiscal policy, and prominent members of the business and legal community.

Research and publications

The Committee focuses on many issues including deficit reduction,

entitlement An entitlement is a provision made in accordance with a legal framework of a society. Typically, entitlements are based on concepts of principle ("rights") which are themselves based in concepts of social equality or enfranchisement. In psycholo ...

reform, fundamental tax reform, improving the budget process, and other topical issues as they arise. In the past, CRFB has produced analyses in areas including: * A detailed summary and cost estimate of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and an infographic visualizing how the money will be spent * The stages in the annual federal budget cycle (e.g., the President's budget submission, Congressional Budget Resolution, explainers on appropriations, government shutdowns, etc.) * Developments and changes in Congressional budget procedures and process, such as an appropriations tracker * The status and future prospects of long-term government “entitlement” programs (e.g., Medicare, Medicaid, and Social Security) * The findings of regular financial and budgetary reports put out by government offices (e.g., the Congressional Budget Office's “Monthly Budget Report,” the “Budget and Economic Outlook],” and the Long-Term Budget Outlook.") * Tax and spending bills proposed by Congress or the President * The costs of the candidates’ campaign promises during the 2008, 2012, 2016, and 2020 Presidential Elections, including an analysis of 2020 candidate health care plans * The fiscal implications of the government's actions during the Economic and Financial Crisis of 2008–2009 * Major public policy initiatives (e.g., health care reform), including an illustrative stimulus plan, and a list of budget offsets that can produce savings]. The organization also issues regular press releases on day-to-day news developments related to federal budget, tax, and fiscal policy.

Based at the New America Foundation

From 2004 through 2013, the organization was based at the

, a non-profit, non-partisan, Washington, D.C.-area public policy “think tank.” Republican

Maya MacGuineas Maya MacGuineas (born February 21, 1968) is president of the Committee for a Responsible Federal Budget. She is a frequent commentator on issues such as the federal budget, national debt, taxes, the economy, retirement policy, government reform, ...

, President of CRFB, was also the Program Director of New America's Fiscal Policy Program, and most of CRFB's staff were also co-appointed to positions at New America. As of January 2014 the organization no longer has ties with the New America Foundation.

Projects and initiatives

US Budget Watch

In 2008, the organization received a grant from the Pew Charitable Trusts to raise the public understanding of important fiscal matters facing the country during the 2008 election. This project, called US Budget Watch, was also tasked with tracking the candidates’ tax and spending promises both during and after the election. The project's most high-profile contribution to the public debate was its series of “Voter Guides,” which attempted to tabulate the costs of then-Senator Barack Obama's and Senator John McCain's campaign promises. The project's "Promises, Promises: A Fiscal Voter Guide to the 2008 Election" was widely cited in the

mainstream media In journalism, mainstream media (MSM) is a term and abbreviation used to refer collectively to the various large mass news media that influence many people and both reflect and shape prevailing currents of thought.Chomsky, Noam, ''"What makes mai ...

during the campaign.

CNN CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by ...

called it “the most detailed analysis of McCain's and Obama's budget plans.". On October 15, 2008, during the third debate of the 2008 presidential election, moderator Bob Schieffer asked a question citing US Budget Watch's voter guides about the effects of the candidates' proposed policies on the deficit. In February 2012, US Budget Watch released a report assessing the debt impact of the campaign proposals from the Republican presidential candidates. The study was preceded by a publication laying out “The 12 Principles of Fiscal Responsibility for the 2012 Campaign.” Efforts in the 2016 presidential campaign included a report comparing the fiscal impact of the policy proposals from Donald Trump and Hillary Clinton, titled "Promises and Pricetags." Data from the project was cited in several debates. US Budget Watch 2020 has published explainers on candidates' proposals and fact-checked their statements related to fiscal policy, as well as compared candidate healthcare plans. It also produced an analysis comparing the campaign proposals of President Trump and Vice President Biden.

Budget Process Reform

In late 2008, CRFB received support from The Peter G. Peterson Foundation and the Pew Charitable Trusts to create a new commission that would explore options for reforming the federal budget process, the Peterson-Pew Commission on Budget Reform. Initially, the commission was directed by Jim Bates, former Chief Counsel and Staff Director of the

U.S. House Committee on the Budget The United States House Committee on the Budget, commonly known as the House Budget Committee, is a standing committee of the United States House of Representatives. Its responsibilities include legislative oversight of the federal budget process, ...

, and former Associate Director of Energy, Natural Resources, Agriculture, & Science at the

. F. Steven Redburn, a former senior official in the U.S. Office of Management and Budget, directed the project in 2010 and 2011. The project completed its work in 2011 and was succeeded by the Better Budget Process Initiative. The Better Budget Process Initiative was created in 2014 to fix the broken budget process through concrete ideas to reform and improve the way the budget is developed. Publications produced by the initiative include principles for a budget resolution and budget baseline reforms.

FixUS

FixUS was formally launched in 2020. According to its website: "FixUS is a group of Americans united in shared concern over the divided state of our country. We believe that healing these divisions is our highest national priority, and essential to preparing our nation to face the defining challenges of the 21st century." FixUS conducted a national Roadshow and Listening Tour to discuss the division and dysfunction plaguing our politics. It produced a report with findings.

Campaign to Fix the Debt

The Campaign to Fix the Debt was launched in July 2012, and has advocated for deficit reduction (including cuts to

Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...

and Medicare) and

tax reform Tax reform is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve tax administration or to provide economic or social benefits. Tax reform can include reducing the level of taxatio ...

to avoid a

fiscal cliff The United States fiscal cliff refers to the combined effect of several previously-enacted laws that came into effect simultaneously in January 2013, increasing taxes and decreasing spending. The Bush tax cuts of 2001 and 2003, which had been e ...

. In 2012, former Democrat

Erskine Bowles Erskine Boyce Bowles (born August 8, 1945) is an American businessman and political figure from North Carolina. He served from 2005 to 2010 as the president of the University of North Carolina system. In 1997–98 he served as White House Chi ...

and former Republican Senator Alan Simpson served as co-chairs, while former Pennsylvania Gov.

Ed Rendell Edward Gene Rendell (; born January 5, 1944) is an American lawyer, prosecutor, politician, and author. He served as the 45th Governor of Pennsylvania from 2003 to 2011, as chair of the national Democratic Party, and as the 96th Mayor of Philade ...

and former Senator

Judd Gregg Judd Alan Gregg (born February 14, 1947) is an American politician and lawyer who served as the 76th governor of New Hampshire from 1989 to 1993 and was a United States senator from New Hampshire; in the Senate, Gregg served as chairman of the S ...

served as steering committee co-chairs.

SSDI Solutions Initiative

The McCrery-Pomeroy SSDI Solutions Initiative was launched in 2014 to identify “practical policy changes to improve the Social Security Disability Insurance (SSDI) program and other policies for people with disabilities.” It was co-chaired by former Congressmen Earl Pomeroy (D-ND) and Jim McCrery (R-LA), both former Chairmen of the House Ways & Means Social Security Subcommittee. The initiative published a book, ''SSDI Solutions: Ideas to Strengthen the Social Security Disability Insurance Program'', in 2016 based on papers commissioned from various policy experts. It published several more commissioned papers in 2018 and 2019.

Go Big

CRFB launched the Go Big initiative after

The Budget Control Act of 2011 The Budget Control Act of 2011 () is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 US debt-ceiling crisis. The law invo ...

, enacted in early August to raise the debt-ceiling and avoid default, tasked a bipartisan 12-member Joint Congressional Committee on Deficit Reduction (Super Committee) with finding an additional $1.5 trillion in deficit reduction by November 23. For this reason, CRFB launched "Go Big" in an effort to urge the Super Committee to exceed its savings mandate of $1.5 trillion and enact a bipartisan, comprehensive fiscal reform plan.

Moment of Truth Project

In early 2011, former fiscal commission co-chairs Erskine Bowles and Alan Simpson launched the Moment of Truth Project, a non-profit, non-partisan effort that seeks to foster honest discussion about the nation's fiscal challenges, the difficult choices that must be made to solve them, and the potential for bipartisan compromise that can move the debate forward and set our country on a sustainable path. The Moment of Truth project aims to use the Fiscal Commission's findings to spark a national discussion on the need to implement a comprehensive budget fix, and to help further develop the policy reforms ideas to improve the nation's fiscal outlook.

Stimulus.org

In early 2009, CRFB unveiled Stimulus.org, a database which tracked the spending and deficit impact of all major government actions taken in response to the economic and financial crisis. On the April 5, 2009 edition of CBS’

Face the Nation ''Face the Nation'' is a weekly news and morning public affairs program airing Sundays on the CBS radio and television network. Created by Frank Stanton in 1954, ''Face the Nation'' is one of the longest-running news programs in the history ...

, host

Bob Schieffer Bob Lloyd Schieffer (born February 25, 1937) is an American television journalist. He is known for his moderation of presidential debates, where he has been praised for his capability. Schieffer is one of the few journalists to have covered all f ...

used figures from CRFB's “Stimulus Watch” chart while questioning Treasury Secretary Timothy Geithner about the amount of

Troubled Asset Relief Program The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President ...

(TARP) funds that remained unspent.

Fiscal Roadmap Project

CRFB's "Fiscal Roadmap Project" was an initiative seeking to outline how the U.S. can move from stabilizing the economy during financial crisis to addressing its long-term fiscal problems. The ultimate goal of the project was to show how policymakers can eventually put the country in what CRFB regards as a sounder fiscal position. The project released at least two long analyses, one on deficits and another on the activities of the Federal Reserve during the economic and financial crisis of 2007-2008. The Fiscal Roadmap project was originally directed by Anne Vorce, former U.S. economic expert for the European Commission.

Interactive tools

CRFB has created several interactive tools to create a better understanding of the fiscal challenges facing the country and the choices required to address them. The "COVID Money Tracker" tool was launched in 2020 to track federal spending in response to the

COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...

. The “Stabilize the Debt” online budget simulator was launched in 2010 and challenged the user to reduce the national debt to 60% of the economy in the medium term and put it on a declining course thereafter with a variety of options available from all parts of the federal budget. It was replaced by the "Debt Fixer" tool in 2017. Results are occasionally compiled and analyzed to highlight trends in public support for specific deficit reduction ideas. “The Reformer: An Interactive Tool to Fix Social Security” offers options to improve Social Security and put its finances on a sustainable path.

Prominent past and current board members

*Barry Anderson, former acting Director of the Congressional Budget Office (CBO) *

Roy Ash Roy Lawrence Ash (October 20, 1918December 14, 2011) was the co-founder and president of the American company Litton Industries and director of the Office of Management and Budget from February 2, 1973 until February 3, 1975, during the administra ...

, former OMB Director for Nixon and Ford administrations *

Nancy Kassebaum Baker Nancy Jo Kassebaum Baker (née Landon; born July 29, 1932) is an American politician who represented the State of Kansas in the United States Senate from 1978 to 1997. She is the daughter of Alf Landon, who was Governor of Kansas from 1933 to 19 ...

, former U.S. Senator from Kansas *

, former Governor of Oklahoma and U.S. Senator from Oklahoma and co-founder of CRFB *

, former co-chairmen of the National Commission on Fiscal Responsibility and Reform *

Charles Bowsher Charles Arthur Bowsher (May 30, 1931September 30, 2022) was an American businessman and politician. He served as the 6th Comptroller General of the United States from 1981 to 1996. During that period, he led the Government Accountability Office ...

, former Comptroller General of

GAO Gao , or Gawgaw/Kawkaw, is a city in Mali and the capital of the Gao Region. The city is located on the River Niger, east-southeast of Timbuktu on the left bank at the junction with the Tilemsi valley. For much of its history Gao was an impor ...

under Reagan administration *

Kent Conrad Gaylord Kent Conrad (born March 12, 1948) is a former American politician who was a United States Senator from North Dakota. He is a member of the North Dakota Democratic-NPL Party, the North Dakota affiliate of the Democratic Party. First elec ...

, former Chairman of the Senate Budget Committee * Dan Crippen, former CBO Director from 1999 to 2003 *

, former OMB Director and Governor of Indiana * Dick Darman, former OMB Director under George H.W. Bush administration *

Vic Fazio Vic (; es, Vic or Pancracio Celdrán (2004). Diccionario de topónimos españoles y sus gentilicios (5ª edición). Madrid: Espasa Calpe. p. 843. ISBN 978-84-670-3054-9. «Vic o Vich (viquense, vigitano, vigatán, ausense, ausetano, ausonense) ...

, former U.S. Representative from California *

, former U.S. Representative from Minnesota *

Bill Gradison Willis David Gradison Jr. (born December 28, 1928) is an American politician from Ohio who served in the United States House of Representatives from 1975 to 1993. Early life and education Gradison, a Republican, was born in Cincinnati, Ohio an ...

Jr., former U.S. Representative from Ohio *

William H. Gray III William Herbert Gray III (August 20, 1941 – July 1, 2013) was an American politician and member of the Democratic Party who represented from 1979 to 1991. He also served as chairman of the House Committee on the Budget from 1985 to 1989 and ...

, former U.S. Representative from Pennsylvania *

Alan Greenspan Alan Greenspan (born March 6, 1926) is an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. He works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. ...

, former Chairman of the Federal Reserve *

Jane Harman Jane Margaret Lakes Harman (born June 28, 1945) is the former U.S. Representative for , serving from 1993 to 1999, and from 2001 to 2011; she is a member of the Democratic Party. Harman was the ranking Democrat on the House Intelligence Committ ...

, former U.S. Representative from California * William Hoagland, former Staff Director of the Senate Budget Committee *

Douglas Holtz-Eakin Douglas James "Doug" Holtz-Eakin (born February 3, 1958) is an American economist. He was formerly an economics professor at Syracuse University, Director of the Congressional Budget Office, and chief economic policy adviser to Senator John McCain ...

, former Director of CBO, economic advisor to McCain 2008 presidential campaign * James R. Jones, former Chief of Staff to Lyndon Johnson * Lou Kerr, President and Chair of the Kerr Foundation *

Jim Kolbe James Thomas Kolbe (June 28, 1942 – December 3, 2022) was an American politician who served as a Republican member of the United States House of Representatives. He represented Arizona's 5th congressional district from 1985 to 2003 and its 8 ...

, former U.S. Representative from Arizona * James Lynn, former Director of OMB * Marjorie Margolies, former U.S. Representative from Pennsylvania *

Dave McCurdy David Keith McCurdy (born March 30, 1950) is an American lobbyist, lawyer, and former politician who was the Democratic U.S. Representative from Oklahoma's 4th congressional district, in office from 1981 to 1995. Described as a moderate or con ...

, former U.S. Representative from Oklahoma * James T. McIntyre, former Director of the OMB * David Minge, former U.S. Representative from Minnesota *

Jim Nussle James Allen Nussle (born June 27, 1960) is an American businessman and retired politician who has been president and chief executive officer of the Credit Union National Association since 2014. Nussle served as a Republican member of the United S ...

, former Director of OMB under George W. Bush * Paul O'Neill, former Secretary of the Treasury under

George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...

* June E. O'Neill, former Director of CBO * Marne Obernaurer Jr., Chairman of the Beverage Distributors Company *

Robert Packwood Robert William Packwood (born September 11, 1932) is an American retired lawyer and politician from Oregon and a member of the Republican Party. He resigned from the United States Senate, under threat of expulsion, in 1995 after allegations of ...

, former Chairman of the Senate Finance Committee *

, former OMB Director and Director of the Central Intelligence Agency * Rudolph Penner, former CBO Director * Timothy Penny, former U.S. Representative from Minnesota *

Peter G. Peterson Peter George Peterson (June 5, 1926 – March 20, 2018) was an American investment banker who served as United States Secretary of Commerce from February 29, 1972, to February 1, 1973, under the Richard Nixon administration. Before serving as Sec ...

, former U.S. Secretary of Commerce and founder of Peter G. Peterson Foundation *

Robert Reischauer Robert Danton Reischauer (born 1941) is an economist and was one of the two public trustees of the Medicare and Social Security Trust Fund. He is a nationally known expert on the federal budget, health reform, Medicare, and Social Security. Mo ...

, former Director of CBO and current President of the Urban Institute * John J. Rhodes, former U.S. Representative from Arizona *

Alice Rivlin Alice Mitchell Rivlin (born Georgianna Alice Mitchell; March 4, 1931 – May 14, 2019) was an American economist and budget official. She served as the 16th Vice Chair of the Federal Reserve from 1996 to 1999. Before her appointment at the F ...

, founding Director of CBO, former member of Federal Reserve Board of Governors *

Charles Robb Charles Spittal Robb (born June 26, 1939) is an American politician from Virginia and former officer in the United States Marine Corps. A member of the Democratic Party, he served as the 64th governor of Virginia from 1982 to 1986 and a United ...

, former U.S. Senator from Virginia *

Martin Sabo Martin Olav Sabo (February 28, 1938 – March 13, 2016) was an American politician who served as United States Representative for , which includes Minneapolis; the district is one of eight congressional districts in Minnesota. Early life and e ...

, former Chairman of the House Budget Committee *

Charles Schultze Charles Louis Schultze (December 12, 1924 – September 27, 2016) was an American economist and public policy analyst. He served as the Chairman of the Council of Economic Advisers during the President Carter Administration. Schultze was ap ...

, former Chairman of the Council of Economic Advisers * Alan K. Simpson, former Republican Senator from Wyoming * John W. Snow, former Secretary of the Treasury under

John Spratt John McKee Spratt Jr. (born November 1, 1942) is an American politician who was the U.S. representative for from 1983 to 2011. The 5th Congressional District covers all or part of 14 counties in north-central South Carolina. The largest cities ...

, former House Budget Committee Chairman * Elmer Staats, former U.S. Comptroller General *

, former U.S. Representative from Texas * Eugene Steuerle, Senior Fellow at the Urban Institute *

David Stockman David Alan Stockman (born November 10, 1946) is an American politician and former businessman who was a Republican U.S. Representative from the state of Michigan (1977–1981) and the Director of the Office of Management and Budget (1981–1985 ...

, former Director of OMB under Reagan, former U.S. Representative from Michigan * Robert Strauss, former Chairman of Democratic National Committee *

Lawrence Summers Lawrence Henry Summers (born November 30, 1954) is an American economist who served as the 71st United States secretary of the treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010. He also served as pres ...

, former Treasury Secretary and Director of the National Economic Council * John Tanner, former U.S. Representative from Tennessee *

Tom Tauke Thomas Joseph Tauke (born October 11, 1950) is an American politician, lawyer, and corporate executive from Iowa. He is a former member of the U.S. House of Representatives. Tauke represented the northeast corner of the state of Iowa (2nd dist ...

, former U.S. Representative from Iowa *

Laura Tyson Laura D'Andrea Tyson (born June 28, 1947) is an American economist and university administrator who is currently a Distinguished Professor of the Graduate School at the Haas School of Business of the University of California, Berkeley and a senio ...

, former Chair of the White House Council of Economic Advisers * George Voinovich, former U.S. Senator from Ohio *

Paul Volcker Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended th ...

, former Chairman of the Federal Reserve * Carol Cox Wait, former President of CRFB * David Walker, former U.S. Comptroller General and Director of GAO * Joseph R. Wright, former Director of OMB under

Ronald Reagan Ronald Wilson Reagan ( ; February 6, 1911June 5, 2004) was an American politician, actor, and union leader who served as the 40th president of the United States from 1981 to 1989. He also served as the 33rd governor of California from 1967 ...

Janet Yellen Janet Louise Yellen (born August 13, 1946) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. Yellen is ...

, current

United States Secretary of the Treasury The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...

References

External links

Committee for a Responsible Federal Budget
{{DEFAULTSORT:Committee For A Responsible Federal Budget Nonpartisan organizations in the United States Non-profit organizations based in Washington, D.C. Organizations established in 1981 Political and economic think tanks in the United States