Budgets & Projections
Latest
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Treasury Confirms $1.8 Trillion Deficit in FY 2025
Read moreThe United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department...
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CBO Estimates 2025 Deficit Totaled $1.8 Trillion
Read moreThe federal budget deficit totaled $1.8 trillion in Fiscal Year (FY) 2025, based on estimates from the Congressional Budget Office (CBO), roughly...
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Maya MacGuineas and John Kasich Discuss the National Debt
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined John Kasich, former Congressman and Governor of Ohio and a member...
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Reopen the Government Without Adding More Debt
Read moreThe federal government has been operating under a shutdown since the beginning of the month. Although the government continues many of its core...
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CBO Estimates $1.8 Trillion Deficit for Fiscal Year 2025
Read moreToday, the Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2025 budget deficit in its Monthly Budget Review...
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Maya MacGuineas on Fox Business' "Mornings With Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss the...
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Lawmakers Should Avoid a Wasteful Government Shutdown
Read moreGovernment funding runs out at midnight tonight, with none of the twelve appropriations bills nor a temporary continuing resolution (CR) having been...
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Mid-Session Review Offers a Dose of Fiscal Fantasy
Read moreThe White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the President’s Fiscal Year (FY) 2026 budget...
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Chris Towner: The Social Security and Medicare Funding Problems Are Real
Read moreChris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an...
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Replacing Tariff Revenue if the Supreme Court Rules Tariffs Illegal
Read moreThis November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading...
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Congress Should Not Add $1.5 Trillion to Debt in CR
Read moreFiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a...
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12-Month Rolling Deficit is $1.9 Trillion in August 2025
Read moreFrom September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO)...