Budgets & Projections
Latest
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CBO Finds Rising Rates Could Explode the Debt
Read moreThe Congressional Budget Office (CBO) released an analysis today of the impact of higher interest rates on the national debt relative to its February... -
John Kasich: Balancing the Budget Became My Mission
Read moreJohn Kasich is the former Governor of Ohio and a member of the Board of Directors of the Committee for a Responsible Federal Budget. He recently wrote... -
U.S. Ran a $2 Trillion Deficit Last Year, We Estimate
Read moreFiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits... -
Washington Needs a Fiscal Intervention
Read moreLong-term interest rates are approaching their highest yields in 20 years today, with the 10-year Treasury yield topping 5.2% and the 30-year bond... -
CBO: 1% Higher Interest Rates Add Trillions to Debt
Read moreInterest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level... -
Leon Panetta's House Budget Committee Testimony on America's Fiscal Future: Examining the Need for a Fiscal Commission
Read moreOn September 21, 2026, Committee for a Responsible Federal Budget Co-Chair and former Secretary of Defense Leon Panetta testified before a hearing of... -
CBO Projects Social Security Nearing Insolvency
Read moreSocial Security’s retirement trust fund will be insolvent by mid-2032, according to the latest projections from the Congressional Budget Office (CBO)... -
CRS: Congress has excluded $17 trillion from Statutory PAYGO Enforcement
Read moreCongress has excluded or erased over $12 trillion in deficit-increasing provisions from the five-year Pay-As-You-Go (PAYGO) scorecard and over $17... -
5% Interest Rates Are a Troubling Sign of the Road Ahead
Read moreThe interest rate on the ten-year Treasury note topped 5 percent today for the first time since 2023 and – outside of 2023 – the first time since 2007... -
Maya MacGuineas Discusses Trump Dividend on Bloomberg TV
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with host Kailey Leinz to... -
$5,000 Dividends Would Cost $1.2 Trillion
Read moreLast night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retain unified control... -
10-Year Treasury Yield Hit 4.8%, Highest Since 2023
Read moreInterest rates are on the rise across the yield curve. The 10-year Treasury note closed at a high yield of 4.8%, a level not seen in nearly three...