Debt & Deficits
Latest
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Families First Coronavirus Response Act Will Cost $192 Billion
Read moreLast week, the Congressional Budget Office (CBO) scored the Families First Coronavirus Response Act ( FFCRA), the second of three packages enacted so...
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CBO Updates Budget Projections Before Coronavirus Impact
Read moreToday, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under CBO...
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New CBO Baseline Reaffirms Challenge of Coronavirus Response
Read moreFor Immediate Release The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t...
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Monthly Deficit Hits New Record
Read moreFor Immediate Release The United States ran a record-high budget deficit in February 2020. According to the Monthly Treasury Statement released today...
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Interest Costs Will More Than Double Over the Next Decade
Read moreThe Congressional Budget Office's (CBO) latest budget projections show interest on the national debt remains the fastest growing category of the...
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Amy Klobuchar’s Plan to “Govern with Fiscal Responsibility”
Read moreDemocratic presidential candidate Senator Amy Klobuchar (D-MN) put forward a Plan for the Future of Work and a Changing Economy in December. The plan...
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GAO: Fiscal Sustainability Is a Growing Concern for Some Key Federal Trust Funds
Read moreLast week, the Government Accountability Office (GAO) released a report on the financial health of the nation’s federal trust funds. Requested by...
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CBO's Budget Projections Show Deteriorating Fiscal Outlook
Read moreThe Congressional Budget Office (CBO) just released its latest Budget and Economic Outlook, which shows trillion-dollar deficits returning permanently...
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Bipartisan, Bicameral Group Requests CBO to Include Debt Servicing Impact in Legislative Cost Estimates
Read moreSenator Mike Lee (R-UT) and Representatives Ed Case (D-HI) and Michael Cloud (R-TX), in a bipartisan and bicameral group of 68 lawmakers, this week...
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Kurt Couchman: When will cheap credit dry up?
Read moreKurt Couchman is co-director of legislative strategy at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The...
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President Trump has Signed $4.7 Trillion of Debt into Law
Read moreOur US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...
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Our Top Fiscal Charts of 2019
Read more2019 was a busy year for budget policy, which gave us ample opportunities to conduct substantive policy analysis using charts and tables. This year...