Budgets & Projections
Latest
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CRFB Reaction to the President’s Joint Address to Congress
Read moreYesterday, President Trump laid out his economic and other policy priorities in his first address to a joint session of Congress of his second term...
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The Government Needs Funding and the Budget Needs Fixing
Read moreGovernment funding is set to expire on March 14, meaning lawmakers will need to pass – and the President will need to sign – appropriations bills for...
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House Budget Passage Tees Up Trillions in Borrowing
Read moreThe House of Representatives just voted to approve its Fiscal Year 2025 budget resolution, a vehicle to allow for budget reconciliation legislation...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with hosts Joe Mathieu and...
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House Budget Allows At Least $2.8 Trillion of Deficit Increases
Read moreThe House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget...
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What’s in the Senate Budget Committee’s Budget Resolution?
Read moreThe Senate Budget Committee recently reported out a budget resolution for Fiscal Year (FY) 2025 through 2034 and will soon consider it in the full...
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Maya MacGuineas on CNBC's "Power Lunch"
Read moreCommittee president Maya MacGuineas recently appeared on CNBC's "Power Lunch" to discuss waste, fraud, and abuse in the federal budget, efforts to...
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House Budget Allows for Too Much Debt
Read moreThe House Budget Committee reported out a Fiscal Year 2025 budget resolution last week that would facilitate reconciliation legislation permitting $2...
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Taking a Closer Look at the House Budget’s Reconciliation Instructions
Read moreNote (2/19/2025): The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 billion...
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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...
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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...
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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...