Budget Projections
Latest
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New Budget Projections Show Record Deficits and Debt
Read moreNow that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a...
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Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an...
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Pell Program Faces Funding Cliff in 2026
Read moreThe Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by 2031...
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CBO Releases New Long-Term Budget Projections
Read moreThe Congressional Budget Office (CBO) released a new set of long-term budget projections today, showing that the long-term fiscal outlook remains...
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Analysis of CBO's February 2021 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...
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CBO Releases New 10-Year Budget Projections
Read moreThe Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and...
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Analysis of CBO's 2020 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its 2020 Long-Term Budget Outlook, which shows the federal budget is on an unsustainable long...
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CBO Releases 2020 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...
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CBO Projects Major Trust Fund Exhaustions on the Horizon
Read moreA number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...
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CBO Projects Debt Will Reach New Record
Read moreThe Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...
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CBO Reports Record $863 Billion Deficit in June
Read moreFor Immediate Release The United States budget deficit for the month of June was a record $863 billion, according to the Congressional Budget Office...
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Dunking on the Debt
Read moreConcern about the national debt came from an unexpected corner when Brooklyn Nets guard Spencer Dinwiddie announced that he would bring the issue to...