Budgets & Projections

Concept_Pen and Calculator

Latest

Where Does the Budget Stand Compared to Historical Averages?

Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...

Even With Lower Interest Rates, Debt Remains Unsustainable

With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain...

Recent Fiscal Irresponsibility Will Double Deficits

As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the...

President Trump’s $4 Trillion Debt Increase

If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In...

Addressing Common Claims About the Budget Deal

The President and Congressional leaders announced a plan to raise the caps on discretionary spending by $322 billion for Fiscal Years (FY) 2020...

Budget Deal's Offsets Don't Even Cover The Interest

President Trump and leaders in Congress announced a deal this week to increase caps on discretionary spending by $169 billion in 2020 and $153...

Co-Chairs Daniels, Panetta, & Penny Statement on Budget Agreement

For Immediate Release Committee for a Responsible Federal Budget Co-Chairs Governor Mitch Daniels, Secretary Leon Panetta, and Congressman Tim Penny...

Five Reasons to Oppose the Budget Deal

Congressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...

Proposed Budget Agreement Could Cost $1.7 Trillion

Update: A Congressional Budget Office (CBO) score of the deal shows that the offsets are $55 billion rather than $77 billion as reported in the press...