Budgets & Projections
Latest
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Options for Reducing the Revenue Loss of TCJA Extension
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. Some options...
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Reversing Biden Executive Actions Could Save up to $1.4 Trillion
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. OBBBA reversed...
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There Are Plenty of Offsets for Tax Cut Extensions
Read moreAs Congress considers extensions of the expiring provisions in the Tax Cuts and Jobs Act (TCJA), lawmakers will need to come up with $3.9 to $4.8...
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Gross National Debt Reaches $36 Trillion
Read moreThe gross national debt of the United States reached $36 trillion yesterday, just over three months since the previous milestone was reached at the...
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Interest Costs Have Nearly Tripled Since 2020
Read moreThe recent release of the final Monthly Treasury Statement from the Treasury Department shows that net interest costs totaled $882 billion in Fiscal...
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Marc Goldwein: Solutions: Biden still has time to nudge the federal budget closer to sanity
Read moreMarc Goldwin is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He wrote an opinion piece for the...
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$700 Billion of Easy Deficit Reduction
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. Some options...
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12-Month Rolling Deficit Totals $2.0 Trillion in October 2024
Read moreThe federal budget deficit totaled $2.0 trillion between November 2023 and October 2024 according to estimates from the Congressional Budget Office's...
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CBO Estimates $255 Billion Deficit for First Month of Fiscal Year 2025
Read moreThe United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget Review from the Congressional...
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FY 2024 Ends with $1.8 Trillion Deficit
Read moreThe U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing a $1.8 trillion deficit...
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CBO Estimates Medicare Coverage of Weight-Loss Drugs
Read moreIn a much-anticipated release, the Congressional Budget Office (CBO) published projections estimating it would cost Medicare an additional $35 billion...
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Fiscal Year 2024 Ends with $1.8 Trillion Deficit
Read moreThe U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8...