Debt & Deficits
Latest
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Maya MacGuineas on MSNBC's "The Sunday Show"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently joined MSNBC's "The Sunday Show" with Jonathan Capehart to discuss the... -
CBO Scores the Limit, Save, Grow Act
Read moreUpdate (4/26/2023): The Congressional Budget Office released an estimate of the House Rules Committee amendments to the bill, reducing the savings of... -
ARCHIVE: What's in the Limit, Save, Grow Act?
Read moreUpdate (4/25/2023): The Congressional Budget Office has released an official score of the Limit, Save, Grow Act; read our analysis of that score here... -
Extensions Would Wipe Away President's Deficit Reduction
Read moreWe were very encouraged by the President’s call for $3 trillion of ten-year deficit reduction in his Fiscal Year (FY) 2024 budget proposal. However... -
New CBO Estimate Should Send IDR Plan Back to Drawing Board
Read moreThe Congressional Budget Office (CBO) estimates the President’s proposed income-driven repayment (IDR) plan for student loans will cost $230 billion... -
House Freedom Caucus Proposes up to $3.7 Trillion in Savings for Debt Ceiling Vote
Read moreThe House Freedom Caucus released today a proposal for the upcoming debt ceiling negotiations. Its members call for repealing the announced student... -
Maya MacGuineas: Is cutting the deficit by $3 trillion enough? Not even close
Read moreThis is a particularly important year for budgeting given three things: the need to lift the debt ceiling, the nation’s dangerous fiscal trajectory... -
Treasury: $262 Billion Deficit in February
Read moreThe Treasury Department released its latest Monthly Treasury Statement today, showing that the United States borrowed $262 billion in the month of... -
What Would It Take to Balance the Budget? An Update
Read moreThe analysis below updates our previous analysis " What Would It Take to Balance the Budget?" to account for the Congressional Budget Office's latest... -
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... -
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... -
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...