Budgets & Projections
Latest
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Debt-Financing Farm Aid is the Wrong Approach
Read moreThe Trump Administration announced a $12 billion package of aid to farmers yesterday in response to trade disruptions caused by the Administration’s...
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12-Month Rolling Deficit is $1.6 Trillion in November 2025
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In...
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CBO Estimates $439 Billion Deficit for First Two Months of FY 2026
Read moreThe United States borrowed $439 billion in the first two months of Fiscal Year (FY) 2026 according to the latest Monthly Budget Review from the...
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Senate ACA Proposal Would Add Nearly $300 Billion to Deficits
Read moreUpdate 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced...
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CBO’s New Projections Show $1 Trillion Less in Tariff Savings
Read moreUpdated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt (including interest) by $3.0...
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CRFB Reacts to End of America’s Longest Shutdown
Read moreThe House is preparing to vote on a Continuing Resolution-Minibus appropriations bill that passed the Senate on Monday. The bill, if passed and signed...
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12-Month Deficit Totals $1.7 Trillion, Debt Approaches 100% of GDP
Read moreThe federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the Congressional Budget Office...
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“Clean CR” Would Forgive $3.4 Trillion in Debt
Read moreCongress is voting this week on a Continuing Resolution-Minibus appropriations bill. The package would extend temporary funding for nine...
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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 ongoing...
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Maya MacGuineas: America's fiscal crisis is worsening. Everyone should take note.
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for MSNBC, an excerpt of which is...
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Tariff Repeal Needs Replacement to Avoid More Borrowing
Read moreThe Senate may soon vote on resolutions to repeal the national emergencies that the Trump Administration has utilized to put in place significant...
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Gross National Debt Reaches $38 Trillion
Read moreThe gross national debt of the United States reached $38 trillion yesterday, according to the U.S. Treasury. This comes little more than two months...