Budgets & Projections

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Washington Must Avoid Budget-Busting Christmas Tree Legislation

For Immediate Release  Back from Thanksgiving recess, Congress now has less than three weeks to fund the government before the current...

Case and Womack Introduce Sustainable Budget Act

Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...

Budget Deficit Increases 34% in October

For Immediate Release  The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent...

Washington Should Pursue Clean Appropriations Bills

For Immediate Release Senior appropriators confirmed yesterday their plan to pass a second continuing resolution for fiscal year 2020,...

Mike Murphy: While Congress Makes Budgeting Look Hard, Americans Show How to Do It

Mike Murphy, the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative wrote an op-ed that is...

Statement on Bipartisan TRUST Act

Senators Mitt Romney (R-UT) and Joe Manchin (D-WV) and Representatives Mike Gallagher (R-WI) and Ed Case (D-HI) introduced the TRUST Act on Tuesday...

Treasury: 2019 Deficit was $984 Billion

The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...

Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit

For Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...

Introducing the Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...