Latest
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COVID Relief Includes $360 Billion of State and Local Aid
Read moreThis analysis has been updated based on new information. As of October 15, we estimate roughly $280 billion of allowed federal aid to state and local...
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Congress Must Reach Quick, Reasonable Funding Deal
Read moreFor Immediate Release With government funding set to expire at the end of this month, lawmakers are negotiating to avert a potential shutdown in the...
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CBO Projects Major Trust Fund Exhaustions on the Horizon
Read moreA number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...
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$2.2 of $4 Trillion in Fiscal Relief is Out the Door
Read moreWe update our interactive COVID Money Tracker tool every week to reflect new COVID relief spending and estimates. This week's updates are particularly...
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Comparing President Trump’s Record to His 2016 Agenda
Read moreDuring the 2016 campaign, US Budget Watch estimated that then-candidate Donald Trump’s proposed agenda would add $4.6 trillion to budget deficits...
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CBO Reports $198 Billion Deficit for August, Pushing FY 2020 Total to $3 Trillion
Read moreFor Immediate Release The United States' budget deficit for the month of August was $198 billion, according to the Congressional Budget Office. The...
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Analysis of CBO’s September 2020 Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its updated budget outlook – the first to incorporate the effects of the COVID-19 public health...
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CBO Projects Debt Will Reach New Record
Read moreThe Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...
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CBO’s Post-COVID Budget Baseline Reveals Magnitude of Future Fiscal Challenge
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its first post-COVID Budget and Economic Outlook for the next decade this...
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How Much COVID Relief Have Public and Private Schools Received?
Read moreAt least $42 billion has been committed or disbursed to the education sector from COVID relief legislation. We estimate: About 55 percent of those...
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Understanding Joe Biden's 2020 Health Care Plan
Read moreDemocratic presidential nominee and former Vice President Joe Biden has proposed a significant agenda to address health care coverage and costs. He...
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Pairing Debt Limit Reform with Budget Goals
Read moreA recent bipartisan House letter from 30 Democrats and 30 Republicans requests budget reforms in forthcoming legislation, such as combining debt limit...