Budget Projections
Latest
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Updating the U.S. Budget Outlook
Read moreNote (4/30/2018): This paper was published before CBO's April 2018 baseline, which provides official estimates of the fiscal situation. For the...
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Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Read moreTrillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...
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Our Top 10 Charts of 2017
Read moreThe year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...
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Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Maya MacGuineas: Congress, Dump the Budget Gimmicks – We Need Real Reform
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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President Trump’s Full FY 2018 Budget
Read moreThe President released the full version of his first budget yesterday, laying out his proposals for Fiscal Year (FY) 2018 and the following decade...
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Update: The Cost of Rising Interest Rates
Read moreOver 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
Read moreWith 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
Read moreThe 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
Read moreAs President Trump enters his first full week in office, new Congressional Budget Office (CBO) projections show that he faces an unsustainable fiscal...
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Interactive Tool: Reforming the Candidates' Fiscal Plans
Read moreOur 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
Read moreThe 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...