Budgets & Projections
Latest
-
Maya MacGuineas: Here’s A Blueprint For Tackling America’s Crippling National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
-
Budget Experts Urge Congress: No New Borrowing for Remainder of 2022
Today budget experts from the Committee for a Responsible Federal Budget, Concord Coalition, Progressive Policy Institute, and R Street Institute sent...
-
Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
-
New Projection: Federal Debt Will Reach Record Levels Sooner Than Expected
The nation’s fiscal and economic outlook has deteriorated substantially since the last Congressional Budget Office (CBO) baseline in May, when CBO...
-
CBO Reports $83 Billion Deficit in First Month of Fiscal Year
The United States borrowed $83 billion in October, according to the latest Monthly Budget Review from the Congressional Budget Office. The following...
-
The CRFB Fiscal Blueprint for Reducing Debt and Inflation
The United States faces numerous economic and fiscal challenges, including surging inflation, rising interest rates, trust funds heading toward...
-
A $1.4 Trillion Deficit Is Not An Accomplishment
The U.S. Treasury Department released the final Monthly Treasury Statement for Fiscal Year 2022 today, confirming the deficit totaled nearly $1.4...
-
COVID Relief End Explains All of 2022 Deficit Decline
The budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has...
-
Treasury: FY 2022 Deficit Was $1.4 Trillion
The U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2022, showing a $1.4 trillion deficit for the...
-
Year-End 'Extenders' Could Worsen Deficits and Inflation
With inflation surging and debt approaching record levels, policymakers might make the fiscal situation even worse in an end-of-the-year fiscal...
-
CBO Releases its Estimate of the President's FY 2023 Budget
Yesterday, the Congressional Budget Office (CBO) released its estimate of the President's Fiscal Year (FY) 2023 budget. CBO finds that debt and...
-
Maya MacGuineas: The White House is wrong, Biden is no steward of fiscal responsibility
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...