Latest
-
A Conversation with CBO Director Keith Hall
Read moreThe Committee for a Responsible Federal Budget and our partners at the Campaign to Fix the Debt hosted a conference call conversation with Dr. Keith...
-
Rescission Package Very Small Step in Right Direction
Read moreFor Immediate Release The White House unveiled a $15 billion package of proposed spending rescissions on Tuesday, which they estimated will reduce...
-
Multiemployer Pensions: The Next Source of Budget-Busting Legislation?
Read moreThe newly-created Joint Select Committee on Solvency of Multiemployer Plans is tasked with crafting legislation to improve the finances of the nation...
-
Mandatory Spending Makes Up the Bulk of Spending Growth
Read moreOver four-fifths of the growth in nominal spending over the next decade is driven by Social Security, federal health programs, and interest on the...
-
Rescissions, How Do They Work?
Read moreRecent press reports have indicated that the Trump Administration is looking to use a process known as rescission to cut spending from the recent...
-
Judd Gregg: Fixing the unfixable — the federal budget
Read moreJudd Gregg, a former Republican senator from New Hampshire, served as chairman of the Senate Budget Committee from 2005 to 2007 and ranking member...
-
A "Cheat Sheet" to Our Recent Work on Debt
Read moreOver the past month, we've been explaining different elements of CBO's recent budget outlook. Below is a summary of our recent work. Decade of Debt...
-
Chartbook: America's Budget Outlook
Read moreBelow is a chartbook on America's deteriorating budget outlook. Update (5/15/18): We clarified the footnote on slide 9 to more clearly reference CBO's...
-
Republican Study Committee Releases FY 2019 Budget
Read moreWhile the House and Senate Budget Committees have yet to release a budget for FY 2019, the Republican Study Committee (RSC) has released its own...
-
Budget Barometer: 6 Key Debt Numbers
Read moreA good way to judge the national debt is as a share of the overall economy (or GDP). Based on the latest figures from the Congressional Budget Office...
-
CBO Sees Major Trust Fund Exhaustions On The Horizon
Read moreThe Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth exhausting...
-
Interest Spending is on Course to Triple
Read moreAccording to CBO's latest projections, the rising cost of interest on the debt is a significant driver of growing deficits and debt. In this piece, we...