Budgets & Projections
Latest
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A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
Read moreThe Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...
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Maya MacGuineas: Trump and Biden must answer critical budget questions
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
Read moreThe bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...
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Problem Solvers Release Budget Principles
Read moreEarlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
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Treasury Shows Record Borrowing
Read moreThe Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
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The National Debt is Now Larger than the Economy
Read moreFor Immediate Release The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record...
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The Cost of the Trump and Biden Campaign Plans
Read moreWhoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Maya MacGuineas: The debt is huge because Trump kept his promises
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Analysis of CBO's 2020 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its 2020 Long-Term Budget Outlook, which shows the federal budget is on an unsustainable long...
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CBO Releases 2020 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...
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The Long-Term Debt Outlook is Unsustainable
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns that our current high levels of...
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CBO Projects Major Trust Fund Exhaustions on the Horizon
Read moreA number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...