Budgets & Projections
Latest
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CBO Releases January 2025 Budget and Economic Outlook
The Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on an...
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CBO: Record Debt in 4 Years, Interest Matching Record This Year
The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting that the national debt...
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Maya MacGuineas on Bloomberg TV's "Wall Street Week"
Committee president Maya MacGuineas recently appeared on Bloomberg TV's "Wall Street Week" to discuss the fiscal situation of the incoming...
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Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion
The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024...
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CBO Estimates $710 Billion Deficit for First Three Months of Fiscal Year 2025
The United States borrowed $710 billion in the first three months of Fiscal Year (FY) 2025, including $85 billion in the month of December, according...
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Deficit Totaled $2.0 Trillion in Calendar Year 2024
The federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the Fiscal Year 2024 deficit and...
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Budget Offsets Bank
With the national debt on course to exceed its record as a share of the economy in the next two years, interest payments on the debt surging, and
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CBO’s “Other Mandatory” Savings Options
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining 76 policy options to reduce the deficit. Most...
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Chris Towner: It’s Time To Get Serious About The Federal Budget Deficit
Chris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Carolina Journal...
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Top 13 Fiscal Charts of 2024
It was a busy year for fiscal policy in 2024, with a big focus on the presidential election. In addition to releasing a few major papers, we also...
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John Kasich: It’s finally time to tackle the national debt
John Kasich is a former governor of Ohio, former congressman representing the state, and director at the Committee for a Responsible Federal Budget...
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Lawmakers Add $380 Billion to the Debt in the Final Hours of 2024
With the passage of the Social Security Fairness Act and the American Relief Act, Congress and the President approved $1 trillion in new ten-year debt...