Budgets & Projections
Latest
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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...
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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...
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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...
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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...
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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...
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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...
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Budget Deal's Offsets Don't Even Cover The Interest
Read morePresident Trump and leaders in Congress announced a deal this week to increase caps on discretionary spending by $169 billion in 2020 and $153 billion...
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Co-Chairs Daniels, Panetta, & Penny Statement on Budget Agreement
Read moreFor Immediate Release Committee for a Responsible Federal Budget Co-Chairs Governor Mitch Daniels, Secretary Leon Panetta, and Congressman Tim Penny...
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Five Reasons to Oppose the Budget Deal
Read moreCongressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...
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Proposed Budget Agreement Could Cost $1.7 Trillion
Read moreUpdate: A Congressional Budget Office (CBO) score of the deal shows that the offsets are $55 billion rather than $77 billion as reported in the press...
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Policymakers Should Offset, or Reset, the Budget Deal
Read moreAccording to news reports, the White House recently sent Congressional leaders nearly $600 billion of potential budget savings options, requesting...
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Maya MacGuineas: No budget. On the brink of default. It's a hell of a way to run a country.
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...