Budgets & Projections
Latest
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Final OBBBA Score Confirms Long Road to Fiscal Recovery
Read moreToday, the Congressional Budget Office (CBO) released its final conventional score of the recently-enacted reconciliation bill known as the One Big...
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Congress Should Not Cancel Reconciliation Offsets
Read moreA bill has been introduced that would significantly worsen the fiscal effects of the already debt-increasing reconciliation law (the “One Big...
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The 30-Year Cost of OBBBA
Read moreThe recently enacted One Big Beautiful Bill Act (OBBBA) would add an estimated $4.1 trillion to the debt through Fiscal Year (FY) 2034, based on...
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Treasury Confirms Spending Up $142 Billion in 2025
Read moreAccording to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion...
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12-Month Rolling Deficit is $1.9 Trillion in June 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the Congressional Budget Office...
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CBO Estimates Spending Up $144 Billion in 2025
Read moreThe Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, as measured by outlays, is...
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Maya MacGuineas on CNBC's "America's Deficit Reckoning"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit...
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Maya MacGuineas: Congress, stop ignoring Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Dallas Morning News, an...
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A Dark Day for Our Fiscal Future
Read moreThe House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive...
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15 Major Problems with the Senate Reconciliation Bill
Read moreThe House is set to consider the Senate-passed reconciliation bill. Below we outline 15 major problems with the Senate-passed bill. 1. Adds $4.1...
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Senate Jumps Off a Budget Cliff on Reconciliation
Read moreThe Senate passed its budget reconciliation bill, the One Big Beautiful Bill Act (OBBBA), which would add over $4 trillion to the national debt...
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Marc Goldwein on CBS Evening News Plus
Read moreThe Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director, Marc Goldwein, recently appeared on CBS Evening...