FY 2018 Budget

Debt Clock

Treasury: 2018 Deficit was $779 Billion

The Treasury Department today released a fiscal year-end report showing that the deficit for FY 2018 increased to $779 billion, a $113...

FY 2018 Deficit Was $779 Billion

For Immediate Release The Treasury Department today released a report showing the official fiscal year 2018 deficit was $779 billion, an increase of...
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CBO Shows $782 Billion Deficit for FY 2018

Late last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...
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Q&A: Everything You Should Know About Government Shutdowns

The fiscal year began on September 30, has only passed 5 of 12 appropriations bills setting spending levels. If lawmakers do not pass legislation to...
Sep 21, 2018 | Blog Paper Press Release | Taxes

No, Really, Tax Revenue Has Not Risen

At the Economic Club in New York earlier this week, White House National Economic Council Director Larry Kudlow claimed that “revenues...are up...
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Does the Rescissions Bill Cut $15 Billion in Spending?

The President recently updated and revised his request to rescind some spending, removing some cuts from the proposal and clarifying others. The...
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What's in the President's Rescission Request?

Update: CBO released an estimate of the effect of the CHIP rescission on outlays and coverage. CBO estimates that the proposed rescission would not...
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The Omnibus Spent More than Either Side Asked For

The Bipartisan Budget Act of 2018 (BBA) increased this year's discretionary spending caps by a whopping $143 billion, paving the way for a 13 percent...
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Appropriations Watch: FY 2018

Here is a link to the Appropriations Watch for FY 2019. Last updated 3/23/2018. Congress has completed action on omnibus...
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Budget Deal Would Bust Original BCA Caps

The budget deal currently being considered by Congress would increase discretionary spending caps over the next two years by $165 billion for defense...

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