Budgets & Projections
Latest
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Extensions Would Wipe Away President's Deficit Reduction
Read moreWe were very encouraged by the President’s call for $3 trillion of ten-year deficit reduction in his Fiscal Year (FY) 2024 budget proposal. However...
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Comparing CBO’s Economic Projections to Other Forecasts
Read moreGrowth in the economy will slow over the coming year as unemployment rises and inflation eases modestly, according to the Congressional Budget Office...
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House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
Read moreThe House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student...
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Maya MacGuineas: Is cutting the deficit by $3 trillion enough? Not even close
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Treasury: $262 Billion Deficit in February
Read moreThe Treasury Department released its latest Monthly Treasury Statement today, showing that the United States borrowed $262 billion in the month of...
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An Overview of the President's FY 2024 Budget
Read moreMoments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal, outlining some of the President's tax and spending...
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Analysis of the President's FY 2024 Budget
Read moreThe Biden Administration released its Fiscal Year (FY) 2024 budget proposal today, outlining President Biden’s priorities over the next decade. The...
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CRFB Reacts to the President’s FY 2024 Budget
Read morePresident Biden released his Fiscal Year (FY) 2024 budget request moments ago, outlining his tax and spending priorities over the next decade. Under...
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What We Hope to See in the White House and Congressional Budgets
Read moreThe White House will release President Biden’s Fiscal Year (FY) 2024 budget proposal on Thursday, and then the Budget Committees should meet their...
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81 Percent of Spending Growth Will Come from Health Care, Social Security, and Interest
Read moreThe Congressional Budget Office (CBO) projects that budget deficits will double from $1.4 trillion in Fiscal Year (FY) 2023 to nearly $2.9 trillion by...
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Net Interest Will Total $10.5 Trillion Over the Next Decade
Read moreOne of the fastest-growing expenditures over the next decade will be net interest on the national debt, according to the latest projections from the...
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What Would It Take to Balance the Budget? An Update
Read moreThe analysis below updates our previous analysis "What Would It Take to Balance the Budget?" to account for the Congressional Budget Office's latest...