Debt & Deficits
Latest
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CBO's Latest Projections Make Fiscal Goals More Difficult
Read moreFederal debt held by the public is on track to exceed its record as a share of the economy – 106 percent of Gross Domestic Product (GDP), set just...
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Analysis of CBO's February 2023 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its latest Budget and Economic Outlook today, projecting the nation’s fiscal and economic future over...
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CBO Releases February 2023 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its February 2023 Budget and Economic Outlook, its first baseline since May 2022. CBO's new budget...
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Treasury Confirms $39 Billion Deficit in January
Read moreThe Treasury Department released its latest Monthly Treasury Statement today, confirming that the United States borrowed $39 billion in the month of...
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Marc Goldwein on You Don't Have to Yell Podcast Discussing Debt Ceiling
Read moreCommittee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein recently appeared on the " You Don't Have to...
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Marc Goldwein: Here are realistic goals for Congress to get a grip on national debt
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Congress Must Responsibly Raise the Debt Limit
Read moreToday, the Treasury Department announced that it has begun engaging in a set of accounting tools known as “extraordinary measures” to avoid breaching...
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Q&A: Everything You Should Know About the Debt Ceiling
Read moreThis paper has been updated here. The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which is expected to...
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Congress Should Limit Discretionary Spending to Help Control the Debt
Read moreAccording to press reports, a number of Members of Congress have called for reducing fiscal year (FY) 2024 appropriations levels back to FY 2022...
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What Would It Take to Balance the Budget?
Read moreWe have published an updated analysis " What Would It Take to Balance the Budget? An Update" to account for the Congressional Budget Office's latest...
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22 Top Fiscal Charts of 2022
Read more2022 was a busy year for fiscal policy, which gave us many opportunities to conduct substantive policy analysis using charts and tables. This year, we...
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William Hoagland: The next House speaker should learn from 2011 experience on fiscal reform
Read moreG. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...