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CBO Budget Projections Show Bleak Outlook

The Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...

The Longest Shutdown Has Hit Consumer Sentiment the Hardest

It's not just the economy that's taken a hit from the partial shutdown of the government. Consumer confidence has taken a dip as well, falling more...

A (Very Small) PAYGO Sequester is Scheduled To Happen

Small automatic cuts may be coming soon because Congress added to deficits last year. An $800 million (0.1 percent cut) was supposed to go into...

Shutdown Is Bad; So Is More Borrowing

For Immediate Release The Senate is voting on two different plans to re-open the government this afternoon. One version would increase deficits by...

The Government Shutdown Could Wipe Out Recent Stimulus Effects on This Quarter

The current government shutdown has lasted long enough to temporarily erase all the positive stimulus effects of recent major legislation. ...

The Shutdown's Economic Toll Equals the Average Hurricane

The current government shutdown is the economic equivalent of a self-imposed natural disaster. As the 32nd day of the longest government shutdown in...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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