Budget Projections
Latest
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How Much Savings Would It Take to Make Debt Sustainable?
Read moreCBO's budget outlook, little changed since its last update, shows the same story it has for a few years: the debt picture will stabilize through about...
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CRFB Publishes Analysis of CBO's 2015 Budget and Economic Outlook
Read moreYesterday, CRFB published an analysis of CBO’s latest Budget and Economic Outlook. The six-page document summarizes the forecasts and emphasizes the...
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CBO Report Shows Return of Trillion-Dollar Deficits
Read moreTrillion-dollar deficits are coming back in 2025. That's one of the many stories told by the new budget update released today by the Congressional...
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The Better Budget Process Initiative: Improving Focus on the Long Term
Read moreFor additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. The budget...
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CRFB Budget Resolution Principles
Read moreOne of the first and most important priorities Congress should be agreeing to a budget resolution conference report that lays out a framework for...
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Fiscal Speed Bumps: Challenges, Risks, and Opportunities
Read moreIn the coming months and years, lawmakers will face a number of important budget-related deadlines, or Fiscal Speed Bumps, that will require...
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CRS Talks About Need for Fiscal Sustainability and Plans to Achieve It
Read moreThe Congressional Research Service's Jane Gravelle recently put out a paper on plans to address long-term deficits and debt. The piece both goes...
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Discussing the Uncertainty of Long-Term Budget Projections
Read moreAn old saying goes, "Nothing is certain but death and taxes." But in budget projections, neither of those things -- mortality rates nor revenue levels...
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Why the 40-Year Average is a Poor Benchmark
Read moreIn response to Howard Gleckman's piece on the FY 2014 deficit where he noted that the budget had returned to "normal," Donald Marron wrote that the...
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Falling Deficit is Not a Sign of Fiscal Sustainability
Read moreWith the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...
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What Happened to Interest Rates?
Read moreOne of the biggest stories in CBO's August budget update was the huge downward revision to expected spending on interest to service the debt, down by...