Budgets & Projections
Latest
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Blue Dogs Endorse 3% Resolution
Read moreOn February 5, the Blue Dog Coalition endorsed a recently introduced resolution that supports a 3% deficit-to-Gross Domestic Product (GDP) target. The...
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CBO Estimates $696 Billion Deficit for First Four Months of FY 2026
Read moreThe United States borrowed $696 billion in the first four months of Fiscal Year (FY) 2026, including $94 billion in January, according to the latest...
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Marc Goldwein Discusses Potential Fiscal Crises on C-SPAN's "Washington Journal"
Read moreThe Committee for a Responsible Federal Budget's Senior Vice President & Senior Policy Director, Marc Goldwein, joined C-SPAN's "Washington Journal"...
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CRFB Statement on Overdue President’s FY 2027 Budget
Read moreUnder the law, the President is required to submit his budget for the upcoming fiscal year today, on the first Monday in February. However, there are...
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OMB Confirms Congressional Punt on PAYGO
Read moreThis week the Office of Management and Budget (OMB) released its annual report required under the Statutory Pay-As-You-Go (PAYGO) Act of 2010...
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CRFB Releases Updated Debt Fixer
Read moreWe recently updated our interactive Debt Fixer tool, where users can choose between several options to make changes to the federal budget and...
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Treasury Confirms $602 Billion Deficit in First Three Months of FY 2026
Read moreThe United States borrowed $602 billion in the first three months of Fiscal Year (FY) 2026, including $145 billion in the month of December, according...
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Washington Post Highlights 3% of GDP Deficit Resolution
Read moreThe Washington Post’s Editorial Board recently published a piece applauding the introduction of a new resolution calling for a 3% of Gross Domestic...
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12-Month Rolling Deficit is $1.7 Trillion in Calendar Year 2025
Read moreThe federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The...
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Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, joined by Representatives Lloyd Smucker (R-PA)...
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CRFB Applauds Introduction of 3% Deficit Target Resolution
Read moreBipartisan Fiscal Forum (BFF) co-chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), along with BFF Members, Representatives Lloyd...
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$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreIn a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he...