Budgets & Projections
Latest
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Update: The Cost of Rising Interest Rates
Read moreOver the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget. Last year, the federal...
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CRFB Co-Chair Leon Panetta Tells Face the Nation We Must “Put Everything on the Table”
Read moreCRFB Co-Chair Leon Panetta was on Face the Nation on CBS this Sunday. Among a variety of topics, the former Secretary of Defense, Director of the...
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Cutting the Smallest and Slowest Growing Part of the Budget
Read morePresident Trump's March budget release will reportedly increase defense spending next year by $54 billion and cut non-defense spending by the same...
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Join CRFB as We Live Tweet the President's Address to Congress
Read morePresident Trump will give his first address before a joint session of Congress tonight at 9 PM Eastern time. CRFB will be live tweeting the speech...
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Co-Chairs Call on Trump to Talk About National Debt in First Address to Joint Session of Congress
Read moreCommittee for a Responsible Federal Budget co-chairs Mitch Daniels, Leon Panetta, and Tim Penny released the following statement Monday calling on...
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Statement by Maya MacGuineas on President’s National Debt Comments
Read moreToday, President Trump said the national debt went down $12 billion in the first month of his presidency. Maya MacGuineas, President of the Committee...
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What We’d Like to See in President Trump’s FY 2018 “Skinny Budget”
Read moreThe Trump Administration is expected to soon release its first budget outlining the President’s priorities for Fiscal Year (FY) 2018 and the...
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President Trump's Historic Debt Dilemma
Read moreAs President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters...
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Three Trust Funds Face Insolvency in the Next Eight Years
Read moreWe have made clear that President Trump faces a challenging fiscal situation now that he has entered office. As we laid out, part of that situation...
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Principles for the Fiscal Year 2018 Budget Resolution
Read moreThe Congressional budget resolution is a guiding document that should establish the nation’s budget priorities, the approach to financing them, and a...
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What's Needed to Balance the Budget and Meet Other Fiscal Goals
Read moreWith debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...
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How Alternative Policies Could Push Debt Higher
Read moreThe Congressional Budget Office's (CBO) Budget and Economic Outlook shows debt rising from its current level of 77 percent of Gross Domestic Product...