Latest
-
The Deficit Was $2.0 Trillion Over the Past Year
Read moreThe federal budget deficit totaled $2.0 trillion over the past 12 months, $310 billion below last month's $2.3 trillion estimate. This reduction can...
-
CBO Estimates $1.5 Trillion Deficit For First 11 Months of Fiscal Year
Read moreIn the first eleven months of fiscal year 2023, the United States borrowed $1.5 trillion, with a $90 billion surplus in August due to the reversal of...
-
Donald Trump’s Universal Baseline Tariff
Read moreFormer President and current Republican presidential candidate Donald Trump recently suggested implementing a baseline tariff of 10 percent on all U.S...
-
Congress Should Avoid Shutdown Without Further Debt Increases
Read moreThere are just a few weeks left to avoid a government shutdown. Without either a continuing resolution or appropriations bills for Fiscal Year 2024...
-
Government Shutdowns Q&A: Everything You Should Know
Read moreThis paper has been updated here. The new fiscal year (FY) begins on October 1, 2023, and Congress has so far enacted none of the 12 appropriations...
-
Maya MacGuineas on Bloomberg TV's "Balance of Power"
Read moreCommittee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the chances of a...
-
Budget Experts’ Prediction of a Government Shutdown
Read moreWe expect there will be an awful lot of talk about a government shutdown in the coming weeks and months, so we decided to create a highly unscientific...
-
Fact-Checking the First 2024 GOP Primary Debate
Read moreIn the first Republican primary debate of the 2024 presidential election cycle, candidates made a number of claims relating to fiscal policy, the...
-
Chartbook: Fiscal Challenges Facing the Next Administration
Read moreOn August 23, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...
-
Principles for a Fiscally Responsible Campaign
Read moreUS Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...
-
Interest Rates Hit 16-Year Record
Read moreInterest rates are on the rise, with daily Treasury yields up in nearly every maturity since the beginning of August. This piece takes a closer look...
-
CBO Outlines Negative Implications of High & Rising National Debt
Read moreIn its June 2023 Long-Term Budget Outlook, the Congressional Budget Office (CBO) dedicated an entire section to discussing the risks and threats of...