Budgets & Projections
Latest
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Budget Barometer: 6 Key Debt Numbers
Read moreA good way to judge the national debt is as a share of the overall economy (or GDP). Based on the latest figures from the Congressional Budget Office...
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CBO Sees Major Trust Fund Exhaustions On The Horizon
Read moreThe Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth exhausting...
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Interest Spending is on Course to Triple
Read moreAccording to CBO's latest projections, the rising cost of interest on the debt is a significant driver of growing deficits and debt. In this piece, we...
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Debt Could be Twice the Size of the Economy by Mid-Century
Read moreThe Congressional Budget Office's (CBO) recent ten-year budget projections show that debt is on course to exceed the size of the economy in just over...
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IMF: US is the Only Advanced Economy With Debt Rising
Read moreThe International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
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What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs
Read moreInterest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
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More Than Half of Next Year's Deficit is Congress's Fault
Read moreThe budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
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Maya MacGuineas: Welcome to the woeful world of free-lunch economics
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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Balancing the Budget Would Take $7 Trillion to $10 Trillion in Savings
Read moreThe worsening budget outlook means that meeting certain fiscal goals is now much more difficult than it was previously. We estimate that balancing the...
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Debt Could Reach Record Levels in a Decade
Read moreThe Congessional Budget Office's (CBO) latest budget projections released this week show how much worse recent legislation has made the fiscal outlook...
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Analysis of CBO’s April 2018 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...
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New From CBO: Trillion-Dollar Deficits Will Return In Two Years
Read moreThe Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...