Budgets & Projections
Latest
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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...
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Analysis of the President's FY 2025 Budget
Read moreThe White House released its Fiscal Year (FY) 2025 budget proposal today, outlining President Biden’s tax and spending priorities for the next decade...
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CRFB Reacts to the President’s FY 2025 Budget
Read morePresident Biden released his Fiscal Year 2025 budget request today, including a number of tax and spending proposals and a roadmap for the country’s...
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Maya MacGuineas Discusses President's Budget on "Bloomberg Markets"
Read moreCommittee president Maya MacGuineas recently joined "Bloomberg Markets" with host Sonali Basak to offer breaking analysis of President Biden's Fiscal...
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Fact-Checking the 2024 State of the Union
Read moreIn last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
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The Deficit Totaled $1.8 Trillion Over the Past Year
Read moreThe federal budget deficit totaled $1.8 trillion over the past 12 months, up $36 billion from the 12-month period ending in January and up $107...
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CRFB Reacts to House FY 2025 Budget Resolution
Read moreThe House Budget Committee is marking up its Fiscal Year (FY) 2025 budget resolution today. The budget resolution proposes to bring the federal budget...
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New RECA Bill Would Worsen the Debt
Read moreThe Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
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The State of the Union Deserves Less Theater, More Solutions
Read morePresident Biden will give his State of the Union Address to a joint session of Congress tomorrow night. This annual address offers the President the...
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CBO Baseline Highlights Troubling Long-Term Future
Read moreThe Congressional Budget Office’s (CBO) February 2024 Budget and Economic Outlook projects that the national debt will exceed its record as a share of...