Budgets & Projections
Latest
-
OMB Confirms Congressional Punt on PAYGO
Read moreThis week the Office of Management and Budget (OMB) released its annual report required under the Statutory Pay-As-You-Go (PAYGO) Act of 2010...
-
CRFB Releases Updated Debt Fixer
Read moreWe recently updated our interactive Debt Fixer tool, where users can choose between several options to make changes to the federal budget and...
-
Treasury Confirms $602 Billion Deficit in First Three Months of FY 2026
Read moreThe United States borrowed $602 billion in the first three months of Fiscal Year (FY) 2026, including $145 billion in the month of December, according...
-
Washington Post Highlights 3% of GDP Deficit Resolution
Read moreThe Washington Post’s Editorial Board recently published a piece applauding the introduction of a new resolution calling for a 3% of Gross Domestic...
-
12-Month Rolling Deficit is $1.7 Trillion in Calendar Year 2025
Read moreThe federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The...
-
Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target
Read moreRepresentatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum, joined by Representatives Lloyd Smucker (R-PA)...
-
CRFB Applauds Introduction of 3% Deficit Target Resolution
Read moreBipartisan Fiscal Forum (BFF) co-chairs Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), along with BFF Members, Representatives Lloyd...
-
$1.5 Trillion Military Budget Would Add $5.8 Trillion to Debt Over Decade
Read moreNote: An update to this blog to incorporate an additional year of the budget window as well as higher interest rates can be found here. In a post on...
-
Top 13 Fiscal Charts of 2025
Read moreIt was an eventful year for fiscal policy in 2025. With large parts of the Tax Cuts and Jobs Act (TCJA) set to expire, lawmakers used the...
-
Romney Stresses Need for Entitlement Reform, Revenue Increases in NYT
Read moreFormer Senator Mitt Romney (R-UT), a board member of the Committee for a Responsible Federal Budget, published a guest essay in The New York Times...
-
House Passes Deficit-Reducing Health Bill
Read moreThe House passed the Lower Health Care Premiums for All Americans Act. The bill – one of more than a dozen plans released in recent weeks ahead of the...
-
Trillion-Dollar Interest Payments Are the New Norm
Read moreAs the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 –...