Nov 9, 2020 | Budgets & Projections
CBO Confirms Debt Exceeded 100% of GDP for FY 2020
For Immediate Release
The Congressional Budget Office today released an end-of-year summary report for ...
Press Releases
Oct 21, 2020 | Budgets & Projections
Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
The bipartisan Problem Solvers Caucus has approved a ...
Oct 16, 2020 | Budgets & Projections
Treasury Shows Record Borrowing
The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
Oct 8, 2020 | Budgets & Projections
The National Debt is Now Larger than the Economy
The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record $3.1 trillion in...
Sep 29, 2020 | Other Spending
Presidential Candidates Ought to Share Their Plans for the Debt
For Immediate Release
The first of three presidential debates will take place tonight, with much of the focus on near...
Sep 21, 2020 | Budgets & Projections
The Long-Term Debt Outlook is Unsustainable
For Immediate Release
The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns...
Sep 15, 2020 | Budget Process
Congress Must Reach Quick, Reasonable Funding Deal
With government funding set to expire at the end of this month, lawmakers are negotiating to avert a potential shutdown in the middle of the COVID-19...
Sep 8, 2020 | Budgets & Projections
CBO Reports $198 Billion Deficit for August, Pushing FY 2020 Total to $3 Trillion
For Immediate Release
The United States' budget deficit for the month of August was $198 billion, according to the...
Sep 1, 2020 | Budgets & Projections
CBO’s Post-COVID Budget Baseline Reveals Magnitude of Future Fiscal Challenge
For Immediate Release
The Congressional Budget Office (CBO) released its first post-COVID Budget and Economic...
Aug 26, 2020 | Other Spending
Transparency is an Essential Part of COVID Money Oversight
For Immediate Release
The Pandemic Response Accountability Committee, a group of federal inspectors general charged...