Budgets & Projections
Latest
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Maya MacGuineas and Rob Portman: It's time for urgency and hard choices as US debt soars
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. Rob Portman is a former Senator from Ohio. They recently wrote an... -
Treasury & Markets Anticipate At Least $2 Trillion FY 2026 Deficit
Read moreThe U.S. Treasury Department released its Quarterly Refunding Documents for Q2 of Calendar Year 2026 today. These documents include information from... -
CBO Scores FY 2026 Reconciliation at $72 Billion
Read moreThe Senate Judiciary and Homeland Security and Governmental Affairs (HSGAC) Committees released draft reconciliation legislation for Fiscal Year (FY)... -
The Case for a 3% of GDP Deficit Target
Read moreAs the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the... -
Debt Reaches 100% of GDP
Read moreThe national debt hit 100.2% of Gross Domestic Product (GDP) at the end of March, based on new economic data released by the Bureau of Economic... -
Debt Surpasses Size of the Economy
Read moreThe national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau of Economic Analysis... -
What’s in the Senate FY 2026 Budget Resolution?
Read moreThe Senate adopted its Fiscal Year (FY) 2026 budget resolution last night, kicking off the reconciliation process. Unfortunately, the budget is about... -
1% Higher Interest Rates Add $3.5 Trillion in Debt
Read moreInterest costs will exceed $1 trillion this year and have nearly tripled from $345 billion in Fiscal Year (FY) 2020. By FY 2036, the Congressional... -
Senate Budget Resolution Falls Short
Read moreThe Senate Budget Committee released a Fiscal Year 2026 budget resolution today that is expected to receive a vote in the full Senate soon. The... -
Trump CEA Projections Tracker
Read moreBefore the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal... -
Recap: Maya MacGuineas Testifies Before Senate Finance Subcommittee
Read moreOn March 11, the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth held a hearing titled “The Fiscal Outlook: 2027-2036.” The... -
12-Month Rolling Deficit is $1.6 Trillion in March 2026
Read moreThe federal government borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). CBO estimates...