Budgets & Projections
Latest
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More than 4/5 of Spending Growth Will Come from Social Security, Health, & Interest
Read moreFrom Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About...
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Current Policy Baseline Would Set Dangerous Precedent
Read moreAs lawmakers continue to prepare for using budget reconciliation to enact their priorities, some continue to suggest that they should use a “current...
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Maya MacGuineas on CNBC's "Squawk Box"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas joined CNBC's "Squawk Box" to discuss the nation's fiscal outlook, President...
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Marc Goldwein on CNBC's "The Exchange"
Read moreThe Committee's senior vice president and senior policy director, Marc Goldwein, recently appeared on CNBC's "The Exchange" alongside Don Schneider...
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CBO Releases January 2025 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on an...
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CBO: Record Debt in 4 Years, Interest Matching Record This Year
Read moreThe Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting that the national debt...
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Maya MacGuineas on Bloomberg TV's "Wall Street Week"
Read moreCommittee president Maya MacGuineas recently appeared on Bloomberg TV's "Wall Street Week" to discuss the fiscal situation of the incoming...
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Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion
Read moreThe Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024...
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CBO Estimates $710 Billion Deficit for First Three Months of Fiscal Year 2025
Read moreThe United States borrowed $710 billion in the first three months of Fiscal Year (FY) 2025, including $85 billion in the month of December, according...
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Deficit Totaled $2.0 Trillion in Calendar Year 2024
Read moreThe federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the Fiscal Year 2024 deficit and...
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Budget Offsets Bank
Read moreWith the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and
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CBO’s “Other Mandatory” Savings Options
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...