Trump Administration

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...

Update 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...

President Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...

President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...

Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...

Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...

Tonight, President Donald Trump will give his third State of the Union Address at 9 p.m. EST. During the address, we will be live tweeting, providing...

Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns...

Last week, President Trump signed an executive order requiring federal agencies to identify and propose offsets whenever they propose an action that...

If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In total, we...

Update: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...

The budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...