Budget Projections
Latest
-
CBO Releases January 2025 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on an...
-
Deficit Totaled $2.0 Trillion in Calendar Year 2024
Read moreThe federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the Fiscal Year 2024 deficit and...
-
12-Month Rolling Deficit Rises to $2.1 Trillion in November 2024
Read moreFrom December 2023 to November 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office's (CBO)...
-
12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
Read moreThe federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's...
-
FY 2024 Ends with $1.8 Trillion Deficit
Read moreThe U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing a $1.8 trillion deficit...
-
CBO Estimates Medicare Coverage of Weight-Loss Drugs
Read moreIn a much-anticipated release, the Congressional Budget Office (CBO) published projections estimating it would cost Medicare an additional $35 billion...
-
CBO Estimates 2024 Deficit Totaled $1.8 Trillion
Read moreThe Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a $1.8...
-
How Will GDP Numbers Affect Debt Outlook?
Read moreRecently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent larger than previously reported and...
-
The 12-Month Rolling Deficit Totals $2.1 Trillion in August 2024
Read moreFrom September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office (CBO...
-
Interest, Social Security, and Health Responsible for Nearly 90% of Spending Growth
Read moreIn the latest Congressional Budget Office (CBO) baseline, nominal spending is projected to grow from $6.8 trillion in Fiscal Year (FY) 2024 to $10.3...
-
12-Month Rolling Deficit Mostly Unchanged After July 2024
Read moreThe federal budget deficit totaled $1.6 trillion over the 12 months between August of 2023 and July of 2024 based on estimates released today by the...
-
CBO's June 2024 Budget and Economic Outlook
Read moreThe Congressional Budget Office recently released its June 2024 Update to the Budget and Economic Outlook. This report updates the February 2024...