Breadcrumb Home Papers timothy-j-penny-testimony-senate-financial-management-subcommittee-budget-process-reform Timothy J Penny Testimony Before the Senate Financial Management Subcommittee on Budget Process Reform Timothy J Penny Testimony Before the Senate Financial Management Subcommittee on Budget Process Reform May 26, 2006 Budgets & Projections Budget Process What's Next Image Mar 9, 2026 Blog Budgets & Projections 12-Month Rolling Deficit is $1.6 Trillion in February 2026 Read more Mar 9, 2026 Press Releases Budgets & Projections CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026 Read more Image Mar 9, 2026 Blog Budgets & Projections CBO Projects Possible Debt Spiral, as R Exceeds G Read more
Image Mar 9, 2026 Blog Budgets & Projections 12-Month Rolling Deficit is $1.6 Trillion in February 2026 Read more
Mar 9, 2026 Press Releases Budgets & Projections CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026 Read more
Image Mar 9, 2026 Blog Budgets & Projections CBO Projects Possible Debt Spiral, as R Exceeds G Read more
