Budgets & Projections

Increased economic growth has often been cited as a solution to our fiscal problems or as a way to offset deficit-increasing legislation. However...

Over four-fifths of the growth in nominal spending over the next decade is driven by Social Security, federal health programs, and interest on the...

Over the past month, we've been explaining different elements of CBO's recent budget outlook. Below is a summary of our recent work. Decade of Debt...

While the House and Senate Budget Committees have yet to release a budget for FY 2019, the Republican Study Committee (RSC) has released its own...

A 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...

The Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth exhausting...

According 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...

The 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...

The 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...

Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...

The budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...