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CBO Estimates $1.8 Trillion Deficit for Fiscal Year 2025
Read moreToday, the Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2025 budget deficit in its Monthly Budget Review... -
It's Time for Trust Fund Solutions
Read moreSome of the nation’s largest and most important programs are financed through government trust funds that collect dedicated revenues and then... -
Maya MacGuineas on Fox Business' "Mornings With Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss the... -
Lawmakers Should Avoid a Wasteful Government Shutdown
Read moreGovernment funding runs out at midnight tonight, with none of the twelve appropriations bills nor a temporary continuing resolution (CR) having been... -
Mid-Session Review Offers a Dose of Fiscal Fantasy
Read moreThe White House Office of Management and Budget (OMB) recently released its Mid-Session Review (MSR) for the President’s Fiscal Year (FY) 2026 budget... -
Chris Towner: The Social Security and Medicare Funding Problems Are Real
Read moreChris Towner is the policy director for the Committee for a Responsible Federal Budget. He recently wrote an op-ed for the Washington Monthly, an... -
Replacing Tariff Revenue if the Supreme Court Rules Tariffs Illegal
Read moreThis November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading... -
CBO Releases Economic Projections From 2025 to 2028
Read moreThe Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline... -
Congress Should Not Add $1.5 Trillion to Debt in CR
Read moreFiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a... -
Appropriations 101
Read moreNote: This paper has been updated here. What are appropriations? How does Congress determine the total level of appropriations? How does Congress... -
Government Shutdowns Q&A: Everything You Should Know
Read moreFiscal Year (FY) 2025 will end on September 30, and Congress has so far enacted zero of the 12 full-year appropriations bills to fund the government... -
12-Month Rolling Deficit is $1.9 Trillion in August 2025
Read moreFrom September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO)...