CBO/JCT
Latest
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CBO Estimates $1.4 Trillion Deficit For First 9 Months of Fiscal Year
Read moreIn the first nine months of fiscal year 2023, the United States borrowed $1.4 trillion, with a $225 billion deficit in June, according to the latest...
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Long-Term Projections Paint a Bleak Fiscal Picture
Read moreThe Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which shows debt rising to 181 percent of GDP by 2053 under CBO’s...
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Maya MacGuineas on Bloomberg's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" to discuss the latest Long-Term Budget Outlook from the...
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CBO Projections Highlight Need for Deficit Reduction
Read moreToday, the Congressional Budget Office (CBO) released its Updated Budget Outlook , which presents a new ten-year baseline that incorporates new...
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CBO Estimates $1.1 Trillion Deficit For First 6 Months Of Fiscal Year 2023
Read moreIn the first six months of fiscal year 2023, the United States borrowed $1.1 trillion, with a $376 billion deficit in February, according to the...
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CBO Briefing Shines Light on Our Fiscal Challenges
Read moreLater today, Congressional Budget Office (CBO) Director Phillip Swagel will brief members of the House of Representatives on the Budget and Economic...
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Debt On Track to Exceed Records in Just 5 Years
Read moreThe Congressional Budget Office (CBO) released its latest Budget and Economic Outlook today, projecting that the national debt will surpass its record...
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CBO's Budget Options to Improve Trust Fund Solvency
Read moreThe Congressional Budget Office (CBO) recently published its latest Options for Reducing the Deficit reports, outlining 76 policy options across two...
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Event Recap: Health Solutions Summit
Read moreOn December 15, the Committee for a Responsible Federal Budget hosted our Health Solutions Summit: Options for the Next Congress . With the cost of...
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Rules Reform – Ideas for the 118th Congress
Read moreAt the beginning of each new session of Congress, the House of Representatives must agree on a new set of rules governing how business will be...
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CBO Reports $217 Billion Deficit for August
Read moreThe United States borrowed over $944 billion in the first 11 months of fiscal year 2022, including $217 billion in August, according to the latest ...
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CBO’s Long-Term Budget Outlook Forecasts Debt In Uncharted Territory
Read moreThe Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which shows debt rising to 185 percent of GDP by 2052 under CBO’s...