Debt & Deficits
Latest
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Eugene Steuerle: This is not your grandfather's debt problem
Read moreNow that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during World War...
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Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business. She joined host Maria...
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Is the Fed Buying Our New Debt?
Read moreSo far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination with...
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Treasury Will Borrow $3 Trillion in Just Three Months
Read moreFor Immediate Release The Department of the Treasury yesterday estimated that the second quarter of 2020 will see a record-breaking $3 trillion in...
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Maya MacGuineas Joins C-SPAN to Discuss Coronavirus and Federal Debt
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on C-SPAN's Washington Journal. She discussed fiscal measures...
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CBO Updates Budget Projections In Wake of COVID-19
Read moreToday, the Congressional Budget Office (CBO) released a blog post outlining its latest projections of near-term federal debt and deficits in the wake...
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Debt Rises $1 Trillion Over One Month
Read moreFor Immediate Release The national debt has grown by more than $1 trillion over the past month, from $17.5 trillion on March 17th to $18.5 trillion on...
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Budget Projections: Debt Will Exceed the Size of the Economy This Year
Read moreThe United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits. Due to the effects of...
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CBO's Estimate of Proposals in the President's FY 2021 Budget
Read moreThe Congressional Budget Office (CBO) has released its estimate of the President's Fiscal Year (FY) 2021 budget using its own assumptions to evaluate...
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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...