Budgets & Projections
Latest
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American Rescue Plan Could Set Stage for $4 Trillion of Debt
Read moreThe American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of the... -
Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an... -
Economic Recovery is Behind Stable Near-Term Debt
Read moreWhile the Congressional Budget Office's latest budget outlook shows debt being larger than the size of the economy for the foreseeable future and... -
Pell Program Faces Funding Cliff in 2026
Read moreThe Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by 2031... -
CBO Releases New Long-Term Budget Projections
Read moreThe Congressional Budget Office (CBO) released a new set of long-term budget projections today, showing that the long-term fiscal outlook remains... -
Analysis of CBO's February 2021 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result... -
CBO Releases New 10-Year Budget Projections
Read moreThe Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and... -
2021 Deficit On Course to Hit $2.3 Trillion
Read moreIn light of the enactment of the year-end spending and COVID relief deal, we estimate the deficit will total $2.3 trillion for Fiscal Year (FY) 2021... -
Our Top 20 Charts of 2020
Read more2020 was a busy year for fiscal policy, which gave us ample opportunities to conduct substantive policy analyses using charts and tables. This year... -
Now's Not the Time to Raid the Pell Surplus
Read moreWith 2020 college enrollment down as a result of the COVID-19 pandemic, the Pell Grant program may add more to its reserves than previously estimated... -
Policymakers Must Not Ignore the Long-Term Debt Outlook
Read moreFor Immediate Release Today, Larry Summers and Jason Furman released a new working paper, A Reconsideration of Fiscal Policy in the Era of Low... -
CBO Confirms Debt Exceeded 100% of GDP for FY 2020
Read moreFor Immediate Release The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020, which confirms that the...