Budgets & Projections
Latest
-
Unilateral Executive Tax Cuts Could Add Hundreds of Billions to Debt
Read moreThe Trump Administration is reportedly considering an executive action – at the urging of lawmakers in both the House and Senate – to reduce capital...
-
Bipartisan Momentum Builds for the Fiscal Contingency Preparedness Act
Read moreUpdated on 3/16/26 to reflect additional support. The Fiscal Contingency Preparedness Act (FCPA), introduced last year by Representatives Ben Cline (R...
-
Any War Supplemental Should Be Responsibly Targeted
Read moreAs the military conflict with Iran continues, there has been increasing discussion over a possible “war supplemental” to help fund the U.S. military...
-
Maya MacGuineas's Senate Testimony on the Fiscal Outlook 2027-2036
Read moreOn March 11, 2026, Committee for a Responsible Federal Budget President Maya MacGuineas testified before the Fiscal Responsibility and Economic Growth...
-
OBBBA Dynamic Score Comes In at $4.7 Trillion
Read moreThe “One Big Beautiful Bill Act” (OBBBA) will add $4.2 trillion to the national debt through Fiscal Year (FY) 2034 or $4.7 trillion through 2035 after...
-
Bipartisan, Bicameral Support for a Fiscal Commission
Read moreSenators John Curtis (R-UT) and Angus King (I-ME) recently introduced the Fiscal Commission Act , a bipartisan bill that would establish a fiscal...
-
12-Month Rolling Deficit is $1.6 Trillion in February 2026
Read moreThe federal government borrowed $1.6 trillion over the past year – March 2025 to February 2026 – based on estimates from the Congressional Budget...
-
CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026
Read moreThe United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the...
-
CBO Projects Possible Debt Spiral, as R Exceeds G
Read moreThe U.S. national debt has long been on an unsustainable path. Nonetheless, for most of the 20th century, debt sustainability has been bolstered by...
-
Debt Rises to 175% of GDP Under CBO’s Long-Term Outlook
Read moreThe national debt will rise to 175% of Gross Domestic Product (GDP) by 2056 – or $168 trillion – according to the Congressional Budget Office's (CBO)...
-
Trump CEA Projections Tracker
Read moreBefore the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
-
Fiscal Contingency Preparedness Act (FCPA) Frequently Asked Questions
Read moreAmid the growing bipartisan interest in the Fiscal Contingency Preparedness Act (FCPA), below are some frequently asked questions and answers about...