Budgets & Projections

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Omnibus Spends $110 Billion Above New Budget Caps

Last week's omnibus spending bill enacted a 13 percent increase in base appropriations, spending virtually all of the additional $143 billion allowed...

Chartbook: America's Deteriorating Budget Outlook

Below is a chartbook on America's deteriorating budget outlook.  

Where Does the Higher Spending in the Omnibus Go?

Policymakers recently announced an omnibus appropriations bill to fund the government for the remaining six months of Fiscal Year 2018. The bill...

Spending Deal Sets Dangerous Precedent

For Immediate Release Congressional leaders unveiled late Wednesday a bipartisan spending agreement to fund the government through the remainder of...

Rising Rates Could Further Balloon Interest Spending

The Federal Open Market Committee just announced its decision to further raise the federal funds rate by 0.25 percentage points to 1.5-1.75 percent....

Maya MacGuineas: America's Debt Crisis is Coming – Interest Payments Will Hit a Trillion Dollars a Year

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

Interest Spending Is On Course to Quadruple

The fastest growing part of the federal budget is interest on the debt – payments made to service previous borrowing. While interest had already...

WATCH: MacGuineas Testifies Before House Budget Committee

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Budget Committee on CBO Oversight on...

Updating the U.S. Budget Outlook

The national debt is currently higher than at any time in history outside of World War II and the years immediately after, and it is rising...