Budget Projections

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Mandatory Spending Makes Up the Bulk of Spending Growth

Over four-fifths of the growth in nominal spending over the next decade is driven by Social Security, federal health programs, and interest on the...

CBO Sees Major Trust Fund Exhaustions On The Horizon

The Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth...
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What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs

Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
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Analysis of CBO’s April 2018 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...
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Chartbook: America's Deteriorating Budget Outlook

An updated version of this chartbook is available here Below is a chartbook on America's deteriorating budget outlook.  
Maya MacGuineas

Maya MacGuineas: Federal Budget Increasingly Tilted Against Investment in Children

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

Note (4/30/2018): This paper was published before CBO's April 2018 baseline, which provides official estimates of the fiscal situation. For the...
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Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse

Trillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
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CRFB's Top 10 Charts of 2017

The year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...
Maya MacGuineas

Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester

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

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