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Committee for a Responsible Federal Budget

The Committee for a Responsible Federal Budget
Committee Responsible Federal Budget Logo.jpg
Abbreviation CRFB
Formation June 10, 1981; 35 years ago (1981-06-10)
Type Public policy think tank
Headquarters 1900 M Street NW, Suite 850, Washington, D.C. 20036
Location
President
Maya MacGuineas
Website www.crfb.org

The Committee for a Responsible Federal Budget (CRFB) is an independent, non-profit, bipartisan 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 Robert Giaimo (D-CT) and Henry Bellmon (R-OK), and its board of directors includes former Members of Congress and directors of the Office of Management and Budget, the Congressional Budget Office and the Federal Reserve. 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.

The Committee’s current President is Maya MacGuineas, who also served as Director of the Fiscal Policy Program at the New America Foundation. CRFB’s board of directors was previously co-chaired by William Frenzel (R-MN), Timothy Penny (I-MN), and Charles Stenholm (D-TX), all former Congressional representatives.

The organization’s activities are overseen by a 40-member board of directors made up of experts and prominent figures in federal budget, tax and fiscal policy.

A large part of the board is made up of former directors of major budget-related government offices including the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), the House and Senate Budget Committees, and the Federal Reserve Board of Governors. 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. In July of 2015, CRFB announced Mitch Daniels, Leon Panetta and Timothy Penny as the new co-chairs of its board.


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