Latest
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More Than Half of Next Year's Deficit is Congress's Fault
Read moreThe budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
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Maya MacGuineas: Welcome to the woeful world of free-lunch economics
Read moreMaya 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...
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Balancing the Budget Would Take $7 Trillion to $10 Trillion in Savings
Read moreThe worsening budget outlook means that meeting certain fiscal goals is now much more difficult than it was previously. We estimate that balancing the...
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Debt Could Reach Record Levels in a Decade
Read moreThe Congessional Budget Office's (CBO) latest budget projections released this week show how much worse recent legislation has made the fiscal outlook...
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Letter to Members of Congress on Statutory Budget Deadline
Read moreThe statutory deadline for a budget is April 15 and no budget is in sight. Instead, members of the House of Representatives are voting on a balanced...
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Factchecking the Senate Budget Committee Hearing with CBO
Read moreAt least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking...
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Missing from Balanced Budget Amendment Debate: A Budget
Read moreFor Immediate Release The House of Representatives will vote on a balanced budget amendment to the Constitution on Thursday. The following is a...
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Analysis of CBO’s April 2018 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...
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New From CBO: Trillion-Dollar Deficits Will Return In Two Years
Read moreThe Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...
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Baseline 101: Anticipating CBO's Updated Budget Outlook
Read moreThe Congressional Budget Office (CBO) will release its 2018 Budget and Economic Outlook on April 9, which is likely to project sustained trillion...
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Did the Last Farm Bill Really Save $100 Billion?
Read moreThe 2014 farm bill is set to expire on September 30, at which point lawmakers will need to renew and perhaps reform farm subsidy and nutrition...
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The Omnibus Spent More than Either Side Asked For
Read moreThe Bipartisan Budget Act of 2018 (BBA) increased this year's discretionary spending caps by a whopping $143 billion, paving the way for a 13 percent...