Budgets & Projections
Latest
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Treasury Confirms Spending Up $142 Billion in 2025
Read moreAccording to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion...
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12-Month Rolling Deficit is $1.9 Trillion in June 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the Congressional Budget Office...
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CBO Estimates Spending Up $144 Billion in 2025
Read moreThe Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, as measured by outlays, is...
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Maya MacGuineas on CNBC's "America's Deficit Reckoning"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit...
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Maya MacGuineas: Congress, stop ignoring Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Dallas Morning News, an...
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A Dark Day for Our Fiscal Future
Read moreThe House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive...
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15 Major Problems with the Senate Reconciliation Bill
Read moreThe House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill. 1. Adds $4.1...
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Senate Jumps Off a Budget Cliff on Reconciliation
Read moreThe Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt...
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Marc Goldwein on CBS Evening News Plus
Read moreThe Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, recently appeared on CBS Evening...
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The Senate OBBBA in Charts
Read moreUpdate (7/2/2025): The analysis below has been updated based CBO's initial estimate of the Senate-passed bill and JCT's estimate of the Senate-passed...
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CBO Score Shows Senate OBBBA Adds Over $3.9 Trillion to Debt
Read moreThe Congressional Budget Office (CBO) just published their “current policy” score of the Senate reconciliation bill, showing the bill would add about...
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Newest Senate Reconciliation Bill Would Explode the Debt
Read moreSee full paper on how Senate OBBBA Violates House Budget Instructions HERE See full paper on how Senate Reconciliation Bill Could Add Over $4 Trillion...