Budgets & Projections
Latest
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Reduce the Debt with Government Funding Deadline
Read moreFiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law. Without action...
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Maya MacGuineas on MSNBC's "Ana Cabrera Reports"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the impact of...
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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 revenue from...
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Meeting Fiscal Goals Under CRFB’s August Baseline
Read moreIt would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP by 2035, and $9 trillion...
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An August 2025 Budget Baseline
Read moreThe enactment of the One Big Beautiful Bill Act (OBBBA), new tariffs framework, and other changes have meaningfully changed the fiscal outlook since...
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Gross National Debt Reaches $37 Trillion
Read moreThe gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant...
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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn August 11, 2025 the gross national debt exceeded $37.0 trillion for the first time. This mark serves as an important reminder of the nation's...
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12-Month Rolling Deficit is $1.9 Trillion in July 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the Congressional Budget Office...
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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 CBO...
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10 Things to Look Out For After the 2025 Reconciliation Law
Read moreEarlier this month, the President signed the 2025 reconciliation law – also known as the “One Big Beautiful Bill Act” (OBBBA). The law extended and...
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Maya MacGuineas on MSNBC's "Ana Cabrera Reports"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the latest...
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Retirees Face an $18,100 Benefit Cut in 7 Years
Read moreThe Social Security and Medicare trust funds are only a little more than seven years from insolvency, based on projections from the programs’ own...