Budgets & Projections
Latest
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John Kasich: Balancing the Budget Became My Mission
Read moreJohn Kasich is the former Governor of Ohio and a member of the Board of Directors of the Committee for a Responsible Federal Budget. He recently wrote... -
U.S. Ran a $2 Trillion Deficit Last Year, We Estimate
Read moreFiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits... -
Washington Needs a Fiscal Intervention
Read moreLong-term interest rates are approaching their highest yields in 20 years today, with the 10-year Treasury yield topping 5.2% and the 30-year bond... -
CBO: 1% Higher Interest Rates Add Trillions to Debt
Read moreInterest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level... -
Leon Panetta's House Budget Committee Testimony on America's Fiscal Future: Examining the Need for a Fiscal Commission
Read moreOn September 21, 2026, Committee for a Responsible Federal Budget Co-Chair and former Secretary of Defense Leon Panetta testified before a hearing of... -
CBO Projects Social Security Nearing Insolvency
Read moreSocial Security’s retirement trust fund will be insolvent by mid-2032, according to the latest projections from the Congressional Budget Office (CBO)... -
CRS: Congress has excluded $17 trillion from Statutory PAYGO Enforcement
Read moreCongress has excluded or erased over $12 trillion in deficit-increasing provisions from the five-year Pay-As-You-Go (PAYGO) scorecard and over $17... -
5% Interest Rates Are a Troubling Sign of the Road Ahead
Read moreThe interest rate on the ten-year Treasury note topped 5 percent today for the first time since 2023 and – outside of 2023 – the first time since 2007... -
Maya MacGuineas Discusses Trump Dividend on Bloomberg TV
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with host Kailey Leinz to... -
$5,000 Dividends Would Cost $1.2 Trillion
Read moreLast night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retain unified control... -
10-Year Treasury Yield Hit 4.8%, Highest Since 2023
Read moreInterest rates are on the rise across the yield curve. The 10-year Treasury note closed at a high yield of 4.8%, a level not seen in nearly three... -
12-Month Rolling Deficit is $1.8 Trillion in August 2026
Read moreThe federal government borrowed $1.8 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). CBO...