Budget Projections
Latest
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Reaching Fiscal Goals Under the Latest Baseline
Read moreThe Congressional Budget Office’s (CBO) latest baseline projects that federal debt held by the public will rise to a record 110 percent of Gross...
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92 Percent of Projected Spending Growth is from Health, Retirement, and Interest
Read moreAccording to the Congressional Budget Office's (CBO) latest baseline, budget deficits will rise dramatically over the next decade, from $1.0 trillion...
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What Would Higher Interest Rates Mean for the Debt?
Read moreInterest payments on the national debt are projected to be the fastest-growing part of the federal budget. Under the Congressional Budget Office's...
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Analysis of CBO's May 2022 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released its May 2022 Budget and Economic Outlook, its first baseline in almost a year. CBO’s new...
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CBO Releases May 2022 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its May 2022 Budget and Economic Outlook, its first baseline since July 2021. Under CBO's new...
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Milken Institute Hosts Panel on the National Debt's Impact on the Economy
Read moreOn Tuesday, May 3, the Milken Institute hosted a panel discussion entitled “ The Road Ahead: The Impact of the National Debt on America’s Economy” as...
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CBO Analyzes the Economic Effects of Waiting to Fix the Debt
Read moreWaiting to address our high and rising national debt has substantial adverse consequences. High debt slows income growth, increases interest payments...
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President's Budget Would Add More to Debt With Policy Extensions
Read moreLast month, the Biden Administration released its Fiscal Year (FY) 2023 budget proposal that includes many policy changes that would reduce deficits...
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What Would the President's Budget Look Like With Build Back Better?
Read moreThe President's Fiscal Year (FY) 2023 budget proposal released last week omits details on the core of the President's agenda, the Build Back Better...
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An Overview of the President's FY 2023 Budget
Read moreMoments ago, the Biden Administration unveiled its Fiscal Year (FY) 2023 budget proposal, outlining some of the President’s tax and spending...
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Analysis of the President's FY 2023 Budget
Read moreThe Biden Administration released its Fiscal Year (FY) 2023 budget proposal today, outlining some of President Biden’s tax and spending priorities...
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What We Hope to See in the President's FY 2023 Budget
Read morePresident Biden is slated to release his Fiscal Year (FY) 2023 budget proposal on March 28. The President's budget is meant to provide a roadmap for...