Budgets & Projections

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Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an...

Year-End Tax Cuts Would Add $470 Billion to the Debt

For Immediate Release  Press reports suggest lawmakers are negotiating a deal to combine year-end funding bills with a series of large tax cuts...

OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...

Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...

Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...

Washington Must Avoid Budget-Busting Christmas Tree Legislation

For Immediate Release  Back from Thanksgiving recess, Congress now has less than three weeks to fund the government before the current...

Case and Womack Introduce Sustainable Budget Act

Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...

Budget Deficit Increases 34% in October

For Immediate Release  The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent...

Washington Should Pursue Clean Appropriations Bills

For Immediate Release Senior appropriators confirmed yesterday their plan to pass a second continuing resolution for fiscal year 2020,...