Budgets & Projections
Latest
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Lame Duck Session Shouldn’t Be an Excuse to Borrow More
Read moreThrough the end of 2026, there may be significant pressure on lawmakers to pass a litany of different priorities to “clear the decks” for the next... -
Fox News "Special Report" Spotlights National Debt
Read moreIn the first segment of a new Fox News "Special Report Spotlight" series on America's balance sheet, Bret Baier spotlighted the nation's unsustainable... -
Treasury Confirms $2 Trillion Deficit for Fiscal Year 2026
Read moreThe United States borrowed $2 trillion in Fiscal Year (FY) 2026, including $27 billion in the month of September, according to the latest Monthly... -
CBO Estimates $2.0 Trillion Deficit for Fiscal Year 2026
Read moreThe United States borrowed $2.0 trillion in FY 2026, including $28 billion in the month of September, according to the latest Monthly Budget Review... -
CBO Finds Rising Rates Could Explode the Debt
Read moreThe Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its February... -
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...