Budgets & Projections
Latest
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President’s Budget Would Add More than $10 Trillion to the Debt
Read moreFor Immediate Release: President Donald Trump released a portion of his fiscal year 2020 budget Monday, which proposes a number of tax and spending...
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What We’d Like to See in President Trump’s FY 2020 Budget
Read moreReports suggest the Trump administration will release its FY 2020 budget in two parts, beginning next week. With debt at post-war record highs...
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Annual Deficits Could Hit $2.3 Trillion
Read moreDeficits are rising quickly under current law, as the Congressional Budget Office's (CBO) recent budget outlook demonstrates. Under current law, CBO...
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Tax Cut and Spending Bill Could Cost $5.5 Trillion Through 2029
Read moreThe 2017 tax cut and the 2018 spending bill loom large in the latest Congressional Budget Office (CBO) outlook; the two pieces of legislation as...
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Budget Resolution Principles for Fiscal Year 2020
Read moreThe congressional budget resolution should establish the nation’s priorities, the approach to financing them, and a plan to ensure the nation is on a...
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As Debt Rises, Interest Costs Could Top $1 Trillion
Read moreThe fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In this...
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These 3 Parts of the Budget Explain 87% of Spending Growth
Read moreThe Congressional Budget Office's (CBO) latest baseline shows that deficits and debt are rising unsustainably, driven by the failure of revenue to...
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Maya MacGuineas: How to Keep the Government Running When Lawmakers Fail To Do Their Job
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...
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The Two Factors That Explain the Improvement in the Budget Outlook
Read moreThis year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a troubling outlook...
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CBO: Debt-to-GDP Will Double in Three Decades
Read moreCBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...
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Analysis of CBO’s January 2019 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
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CBO Budget Projections Show Bleak Outlook
Read moreThe Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...