Latest
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Debt Could Reach 131% of GDP Under an Alternative Scenario
Read moreUnder the Congressional Budget Office's (CBO) new February 2026 baseline, deficits will total $26 trillion – about 6.1% of Gross Domestic Product (GDP...
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Chartbook: The February 2026 CBO Baseline: What It Says (and What It Means)
Read moreOn February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026...
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Maya MacGuineas: Myths and Fearmongering are Driving Social Security to Insolvency
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for The Dallas Morning News, the...
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What Happens If DHS Shuts Down
Read moreFunding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will...
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90% of Spending Growth Will Come From Health, Retirement, Veterans, & Interest
Read moreOver the coming decade, the vast majority of growth in federal government spending will come from just four parts of the federal budget: Social...
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CBO Projects Debt Will Reach New Record in 2030
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its...
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CBO Releases February 2026 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year baseline and economic...
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CBO’s February 2026 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its January 2025 baseline to account for...
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CMS Final Rule Closes Medicaid Loophole
Read moreThe Centers for Medicare & Medicaid Services (CMS) finalized a Medicaid rule, last week, which closes an especially egregious loophole that allowed...
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FY 2027 Budget Resolution Principles
Read moreA fiscally responsible budget resolution should abide by the following principles: Set a meaningful fiscal goal with a plan to meet that goal Develop...
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Resolution to Overturn CAMT Guidance Would Reduce Deficits
Read moreThe Senate is expected to vote today on a Congressional Review Act (CRA) resolution to overturn Treasury Department guidance that erodes some of the...
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12-Month Rolling Deficit is $1.6 Trillion in January 2026
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the Congressional Budget Office (CBO)...