Debt & Deficits
Latest
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CBO Releases February 2026 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year baseline and economic...
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CBO’s February 2026 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its January 2025 baseline to account for...
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12-Month Rolling Deficit is $1.6 Trillion in January 2026
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the Congressional Budget Office (CBO)...
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George Will Highlights Potential Dangerous Path Ahead
Read moreIn an opinion piece for The Washington Post, columnist George Will writes about the six paths to a fiscal disaster outlined in our recent paper, “...
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Trump CEA Projections Tracker
Read moreBefore the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
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Washington Post Highlights 3% of GDP Deficit Resolution
Read moreThe Washington Post’s Editorial Board recently published a piece applauding the introduction of a new resolution calling for a 3% of Gross Domestic...
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12-Month Rolling Deficit is $1.7 Trillion in Calendar Year 2025
Read moreThe federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The...
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Romney Stresses Need for Entitlement Reform, Revenue Increases in NYT
Read moreFormer Senator Mitt Romney (R-UT), a board member of the Committee for a Responsible Federal Budget, published a guest essay in The New York Times...
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12-Month Rolling Deficit is $1.6 Trillion in November 2025
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In...
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CBO’s New Projections Show $1 Trillion Less in Tariff Savings
Read moreUpdated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt (including interest) by $3.0...
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12-Month Deficit Totals $1.7 Trillion, Debt Approaches 100% of GDP
Read moreThe federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the Congressional Budget Office...
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Tariff Dividends Could Cost $600 Billion Per Year
Read morePresident Trump proposed paying a dividend of “at least $2,000 a person” with new tariff revenue in a post on Truth Social this weekend. The post...