Budgets & Projections
Latest
-
After the 2020 Election, Fiscal Challenges Await
Read moreThe winner of the 2020 presidential election will begin his or her term facing a daunting fiscal situation. High deficits and debt, depleting trust...
-
Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Read moreTim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
-
Debt Could Reach Record Levels by 2030
Read moreThe Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...
-
New House Members Stress Importance of PAYGO
Read moreA group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...
-
Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)
Read moreToday, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...
-
Budget Deal Made Bad Situation Worse
Read moreFor Immediate Release The Congressional Budget Office released a new update Wednesday to its Budget and Economic Outlook: 2019 to 2029, the first...
-
New CBO Budget Projections Show Toll of Budget-Busting Legislation
Read moreThe Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
-
Where Does the Budget Stand Compared to Historical Averages?
Read moreRecently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
-
Even With Lower Interest Rates, Debt Remains Unsustainable
Read moreWith the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain lower than...
-
Recent Fiscal Irresponsibility Will Double Deficits
Read moreAs deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the past...
-
Addressing Common Claims About the Budget Deal
Read moreThe President and Congressional leaders announced a plan to raise the caps on discretionary spending by $322 billion for Fiscal Years (FY) 2020 and...
-
President Trump’s $4 Trillion Debt Increase
Read moreIf the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In total, we...