Committee for a Responsible Federal Budget

Budget Projections

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Update: The Cost of Rising Interest Rates

Over the next decade, interest payments on the debt are projected to be the fastest growing part of the federal budget. Last year, the federal...
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What's Needed to Balance the Budget and Meet Other Fiscal Goals

With debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...
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Mandatory Spending Continues to Drive Spending Growth

The deficit will rise dramatically over the next decade, from about $560 billion at the end of Fiscal Year (FY) 2017 to over $1.4 trillion at the end...
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CBO’s January 2017 Budget and Economic Outlook

As President Trump enters his first full week in office, new Congressional Budget Office (CBO) projections show that he faces an unsustainable fiscal...

Interactive Tool: Reforming the Candidates' Fiscal Plans

Our recent in-depth analysis Promises and Price Tags found that the national debt would continue to rise under a Hillary Clinton or a Donald Trump...
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Social Security, Health, and Interest Spending Account for Four-Fifths of Spending Growth

The deficit will rise dramatically over the next decade, from about $590 billion at the end of Fiscal Year (FY) 2016 to over $1.2 trillion at the end...
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Report: Analysis of CBO's August 2016 Budget and Economic Outlook

Budget deficits are on the rise, according to the Congressional Budget Office’s (CBO’s) budget and economic projections released today....
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Our Quick Take on CBO's August Projections

The Congressional Budget Office (CBO) just released updated baseline projections showing deficits and debt rising in the coming years. CRFB will...

The Long-Term Outlook Could Be Even Worse Than CBO Says

The Congressional Budget Office's (CBO) long-term outlook shows debt nearly doubling as a percentage of Gross Domestic Product (GDP) over the...
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The Very, Very Long-Term Budget Outlook

The Congressional Budget Office's (CBO) long-term outlook shows growing federal debt over the next 30 years, but we extended those projections to...

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