Budget Projections
Latest
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What Would the President's Budget Look Like With Build Back Better?
Read moreThe President's Fiscal Year (FY) 2023 budget proposal released last week omits details on the core of the President's agenda, the Build Back Better...
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An Overview of the President's FY 2023 Budget
Read moreMoments ago, the Biden Administration unveiled its Fiscal Year (FY) 2023 budget proposal, outlining some of the President’s tax and spending...
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Analysis of the President's FY 2023 Budget
Read moreThe Biden Administration released its Fiscal Year (FY) 2023 budget proposal today, outlining some of President Biden’s tax and spending priorities...
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What We Hope to See in the President's FY 2023 Budget
Read morePresident Biden is slated to release his Fiscal Year (FY) 2023 budget proposal on March 28. The President's budget is meant to provide a roadmap for...
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Heritage Foundation Releases 2022 Budget Blueprint
Read moreThe Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...
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Bipartisan House Group Sends Letter Calling for Budget Reforms
Read moreToday, a bipartisan group of 24 members of the House of Representatives sent a letter to House leadership calling for the inclusion of budget process...
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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn January 31, 2022, the federal government's gross debt exceeded $30 trillion for the first time. This mark serves as an important reminder of the...
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How Would Higher Interest Rates Affect Interest Payments?
Read moreInterest on the national debt is projected to be the fastest growing part of the federal budget. We estimate, based on the Congressional Budget Office...
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CBO Estimates a Permanent Build Back Better
Read moreThe Congressional Budget Office (CBO) today released an estimate of how much it would cost to make most temporary provisions in the House-passed Build...
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Does Build Back Better Cost $1.6 Trillion or $2.4 Trillion?
Read moreUPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...
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Full Estimates of the House Build Back Better Act
Read moreUPDATE 12/13: Since this analysis was published, CBO has issued a correction to its initial estimate of H.R. 5376. Instead of adding $160 billion to...
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Updated Budget Projections Show Record Debt by 2031
Read moreNew estimates from the Committee for a Responsible Federal Budget project that debt as a percentage of Gross Domestic Product (GDP) is on track to...