Budgets & Projections
Latest
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Trust Fund Solvency Could Stabilize the Debt
Read moreRestoring solvency to the major trust funds could stabilize debt as a share of the economy, albeit at a very high level. We estimate that when dynamic...
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Breaking Down the Proposals in the President's FY 2025 Budget
Read moreThe Biden Administration recently released the President's Fiscal Year (FY) 2025 budget, outlining President Biden's tax and spending priorities for...
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Treasury: $1.1 Trillion Deficit in First Half of Fiscal Year
Read moreThe United States borrowed $1.1 trillion in the first six months of fiscal year 2024, including $236 billion in March, according to the latest Monthly...
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Deficit Was $1.7 Trillion Over Past Year
Read moreThe federal budget deficit totaled $1.7 trillion over the past 12 months, down $142 billion from the 12-month period ending in February and down $37...
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Spending Cuts in the President's FY 2025 Budget
Read moreThe President's Fiscal Year (FY) 2025 budget calls for $3.3 trillion of net deficit reduction through 2034, with $6.5 trillion of gross revenue and...
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Maya MacGuineas on CNBC's "Squawk Box"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined CNBC's "Squawk Box" to discuss findings from the Congressional...
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Analysis of CBO's March 2024 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) released its March 2024 Long-Term Budget Outlook today that projects the nation’s fiscal and economic future...
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CBO Presents Grim Long-Term Fiscal Outlook
Read moreThe Congressional Budget Office released its latest Long-Term Budget Outlook today, projecting the nation’s finances over the next 30 years. CBO...
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CBO Releases March 2024 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its March 2024 Long-Term Budget Outlook that projects the nation's fiscal and economic future over...
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Comparing Spending Levels in the President’s 2025 Budget
Read morePresident Biden proposes spending nearly $7.3 trillion in Fiscal Year (FY) 2025, or 24.8 percent of Gross Domestic Product (GDP), under his latest...
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Tax Extensions Wipe Away the President’s Budget Savings
Read moreThe President’s Fiscal Year (FY) 2025 budget proposal calls for $3.3 trillion of net deficit reduction through 2034. However, these savings could...
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An Overview of the President's FY 2025 Budget
Read moreThe Biden Administration just released its Fiscal Year (FY) 2025 budget proposal, outlining some of the President's tax and spending priorities for...