Budgets & Projections
Latest
-
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...
-
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...
-
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...
-
Addressing the Statutory PAYGO Scorecard
Read moreThere is currently a massive $1.7 trillion balance on the statutory PAYGO scorecard for 2025. Under current law, this balance is slated to trigger a...
-
CBO Estimates 2024 Deficit Totaled $1.8 Trillion
Read moreThe Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review, showing a $1.8...
-
Deficit Nears $2 Trillion Amid Rising Interest and Little Action
Read moreThe Congressional Budget Office (CBO) today released its estimate of the Fiscal Year (FY) 2024 budget deficit in its Monthly Budget Review...
-
Open Letter Urges Candidates to Focus on the Debt
Read moreTuesday marked the start of Fiscal Year 2025. With the ringing in of a new fiscal year, and with just over a month until Election Day, Board Members...
-
How Will GDP Numbers Affect Debt Outlook?
Read moreRecently revised data from the Bureau of Economic Analysis shows that Gross Domestic Product is about 1.3 percent larger than previously reported and...
-
Tax Cuts Need Offsets, Not Baseline Games
Read moreIn 2025, large parts of the 2017 Tax Cuts & Jobs Act (TCJA) are scheduled to expire. Extending the expiring individual and estate tax provisions alone...
-
Treasury: $1.9 Trillion Deficit in First 11 Months of Fiscal Year
Read moreThe United States borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, according to the latest...
-
CBO Estimates $1.9 Trillion Deficit for First 11 Months of Fiscal Year
Read moreIn the first eleven months of fiscal year 2024, the United States borrowed $1.9 trillion, including $381 billion in August, according to the latest...
-
The 12-Month Rolling Deficit Totals $2.1 Trillion in August 2024
Read moreFrom September 2023 through August 2024, the federal budget deficit totaled $2.1 trillion based on estimates from the Congressional Budget Office (CBO...