Budgets & Projections
Latest
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12-Month Rolling Deficit is $2.1 Trillion in January 2025
Read moreThe 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from... -
David Stockman: Trump’s $30 trillion Debt Disaster
Read moreDavid Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former... -
CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
Read moreThe United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according... -
Maya MacGuineas on CNBC's "The Exchange"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates... -
Interest on the Debt to Grow Past $1 Trillion Next Year
Read moreThe Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt... -
Trump Tax Priorities Total $5 to $11 Trillion
Read moreIn a closed-door meeting with House Leadership today President Trump reportedly outlined his tax priorities. According to press reports, they included... -
Debt-to-GDP Growth Could Double with a $5.5 Trillion Bill
Read moreAccording to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to allow up to $5.5... -
Reconciliation Should Indeed Reduce Budget Deficits
Read moreThe Republican Study Committee (RSC) Steering Committee released their position calling for deficit reduction in the upcoming budget reconciliation... -
Meeting Fiscal Goals Under CBO’s January 2025 Baseline
Read moreStabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the... -
CBO’s Discretionary Savings Options
Read moreThe Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of policy options to reduce the... -
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... -
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...