Budgets & Projections
Latest
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CBO Reports $459 Billion Deficit for the First 4 Months of the Fiscal Year
Read moreThe United States borrowed $459 billion in the first four months of fiscal year 2023, including $38 billion in January, according to the latest...
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Net Interest Payments Topped $475 Billion in FY 2022
Read moreOne of the main reasons to be concerned about our high and rising national debt is the growing size of interest payments needed to service it. In...
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Marc Goldwein: Here are realistic goals for Congress to get a grip on national debt
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Treasury Confirms Calendar Year 2022 Deficit Tops $1.4 Trillion
Read moreThe Treasury Department released the final Monthly Treasury Statement of calendar year 2022 today, confirming that the United States borrowed $1.4...
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What Would It Take to Balance the Budget?
Read moreWe have published an updated analysis " What Would It Take to Balance the Budget? An Update" to account for the Congressional Budget Office's latest...
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Chris Towner: Three Charts That Tell America’s Troubling Fiscal Tale
Read moreChris Towner is policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for Inside Sources , an excerpt...
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FY 2023 Omnibus Means Over $700 Billion Boost to Baseline Spending
Read moreThe recently-passed Fiscal Year (FY) 2023 omnibus appropriations package will substantially boost appropriations levels this fiscal year and into the...
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22 Top Fiscal Charts of 2022
Read more2022 was a busy year for fiscal policy, which gave us many opportunities to conduct substantive policy analysis using charts and tables. This year, we...
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Spending is Too High, But At Least Congress Avoids Debt-Fueled Christmas Tree Bill
Read moreLawmakers unveiled an omnibus appropriations bill for Fiscal Year 2023 today. The bill would set discretionary spending at around $1.65 trillion...
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William Hoagland: The next House speaker should learn from 2011 experience on fiscal reform
Read moreG. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
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CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
Read moreAs lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
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CBO Releases 2022 Budget Options Report
Read moreThe Congressional Budget Office (CBO) released its Options for Reducing the Deficit: 2023 to 2032 report this week, outlining 76 policy options and...