Budgets & Projections
Latest
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CBO’s Analysis of the President’s FY 2021 Budget
Read moreToday, the Congressional Budget Office (CBO) released its analysis of the President’s Fiscal Year (FY) 2021 budget using its own assumptions to...
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CBO Updates Budget Projections Before Coronavirus Impact
Read moreToday, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under CBO...
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How Much Would Sending People Checks Cost?
Read moreExperts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...
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New CBO Baseline Reaffirms Challenge of Coronavirus Response
Read moreFor Immediate Release The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t...
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Monthly Deficit Hits New Record
Read moreFor Immediate Release The United States ran a record-high budget deficit in February 2020. According to the Monthly Treasury Statement released today...
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ARCHIVE: Budget Offsets Bank
Read moreNote (7/14/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes updated options...
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Budget Resolution Principles for Fiscal Year 2021
Read moreThe Congressional budget resolution should establish national priorities in a responsible manner. Congress should follow these principles to craft a...
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Thoughtful Deficit Reduction in the President’s Budget
Read moreWhile much of the decline in debt as a share of GDP in the President’s Fiscal Year (FY) 2021 budget comes from rosy economic growth assumptions and...
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Debt Will Likely Rise, Not Fall, Under the President's Budget
Read moreAccording to the Office of Management and Budget (OMB), the President’s Fiscal Year (FY) 2021 budget would reduce debt from 80 percent of Gross...
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Interest Costs Will More Than Double Over the Next Decade
Read moreThe Congressional Budget Office's (CBO) latest budget projections show interest on the national debt remains the fastest growing category of the...
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Spending Has Increased $800 Billion Under President Trump
Read morePresident Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...
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An Overview of the President’s FY 2021 Budget
Read moreMoments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...