Latest
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It Could Take $8 Trillion to Balance the Budget
Read moreTuesday’s release of the topline numbers for this year's Congressional Budget Office (CBO) baseline is a gut punch to congressional budget writers...
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Maya MacGuineas: Modernizing Social Security and Medicare Starts with Leadership
Read moreMaya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, was interviewed by the George W...
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Our Analysis of CBO's January 2016 Budget and Economic Outlook Summary
Read moreThe era of declining deficits is over. That's the conclusion of our analysis of the Congressional Budget Office's (CBO) January 2016 Budget and...
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Deficits Rise in Latest Budget Projections
Read moreUpdate: You can view our full analysis here. The Congressional Budget Office (CBO) just released baseline projections showing rapidly rising deficits...
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Sanford Says Candidates Aren't Talking About Debt, Deficit
Read moreCongressman Mark Sanford (R-SC) wrote a piece in The Fiscal Times that highlights the paucity of substantive discussion from the 2016 presidential...
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#SOTU Means It's Time to Play Debt-O!
Read morePresident Obama's final State of the Union address is tonight at 9 p.m. ET. In preparation for his speech, we've brought back our State of the Union...
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CBO's Latest Estimate of the Partial ACA Repeal
Read moreKicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
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2015’s Fiscal Follies and Reasons for Hope
Read moreIt’s the end of the year and like so many organizations, CRFB wanted to share with you our top 10 list: a look back at Congress’s 10 top fiscal...
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Does the U.S. Spend $80 Billion a Year on Incarceration?
Read moreAt the third Democratic debate, Senator Bernie Sanders (I-VT) said "We are spending $80 billion a year locking up our fellow Americans," using the...
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CBO Releases Detailed Social Security Projections
Read moreAs it often does in December, CBO has released its detailed long-term projections for Social Security that build off the ones released with their long...
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JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015
Read moreThe Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed cost...
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Policymakers Dig Hole $1.2 Trillion Deeper in 2015
Read moreWith debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no end...