Budget Projections
Latest
-
FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
Read moreThe recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...
-
22 Top Fiscal Charts of 2022
Read more2022 was a busy year for fiscal policy, which gave us many opportunities to conduct substantive policy analysis using charts and tables. This year, we...
-
William Hoagland: The next House speaker should learn from 2011 experience on fiscal reform
Read moreG. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
-
CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
Read moreAs lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
-
CBO Releases 2022 Budget Options Report
Read moreThe Congressional Budget Office (CBO) released its Options for Reducing the Deficit: 2023 to 2032 report this week, outlining 76 policy options and...
-
Making Trust Funds Solvent Would Substantially Reduce Debt Growth
Read moreIn July, the Congressional Budget Office (CBO) projected that federal debt held by the public would nearly double as a share of the economy over three...
-
Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
-
New Projection: Federal Debt Will Reach Record Levels Sooner Than Expected
Read moreThe nation’s fiscal and economic outlook has deteriorated substantially since the last Congressional Budget Office (CBO) baseline in May, when CBO...
-
COVID Relief End Explains All of 2022 Deficit Decline
Read moreThe budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has...
-
Treasury: FY 2022 Deficit Was $1.4 Trillion
Read moreThe U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2022, showing a $1.4 trillion deficit for the...
-
Year-End 'Extenders' Could Worsen Deficits and Inflation
Read moreWith inflation surging and debt approaching record levels, policymakers might make the fiscal situation even worse in an end-of-the-year fiscal...
-
CBO Releases its Estimate of the President's FY 2023 Budget
Read moreYesterday, the Congressional Budget Office (CBO) released its estimate of the President's Fiscal Year (FY) 2023 budget. CBO finds that debt and...