Budgets & Projections
Latest
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Washington Post Highlights 3% of GDP Deficit Resolution
Read moreThe Washington Post’s Editorial Board recently published a piece applauding the introduction of a new resolution calling for a 3% of Gross Domestic...
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12-Month Rolling Deficit is $1.7 Trillion in Calendar Year 2025
Read moreThe federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The...
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Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, joined by Representatives Lloyd Smucker (R-PA)...
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CRFB Applauds Introduction of 3% Deficit Target Resolution
Read moreBipartisan Fiscal Forum (BFF) co-chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), along with BFF Members, Representatives Lloyd...
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreIn a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he...
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Top 13 Fiscal Charts of 2025
Read moreIt was an eventful year for fiscal policy in 2025. With large parts of the Tax Cuts and Jobs Act (TCJA) set to expire, lawmakers used the...
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Romney Stresses Need for Entitlement Reform, Revenue Increases in NYT
Read moreFormer Senator Mitt Romney (R-UT), a board member of the Committee for a Responsible Federal Budget, published a guest essay in The New York Times...
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House Passes Deficit-Reducing Health Bill
Read moreThe House passed the Lower Health Care Premiums for All Americans Act. The bill – one of more than a dozen plans released in recent weeks ahead of the...
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Trillion-Dollar Interest Payments Are the New Norm
Read moreAs the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 –...
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Washington Should Commit to No New Debt in 2026
Read morePolicymakers have approved $1.5 trillion in net new ten-year borrowing in 2025, according to the Committee for a Responsible Federal Budget’s Debt...
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Maya MacGuineas Joins Fireside Chat at American Growth Summit
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently sat down with National Interest Editor at Large Steve Clemons for a...
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Senate to Vote on Two Health Care Bills
Read moreThe Senate is expected to vote soon on two health care bills ahead of the expiration of the enhanced Affordable Care Act (ACA) subsidies at the end of...