Budgets & Projections
Latest
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House Budget Allows At Least $2.8 Trillion of Deficit Increases
Read moreThe House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget...
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What’s in the Senate Budget Committee’s Budget Resolution?
Read moreThe Senate Budget Committee recently reported out a budget resolution for Fiscal Year (FY) 2025 through 2034 and will soon consider it in the full...
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Maya MacGuineas on CNBC's "Power Lunch"
Read moreCommittee president Maya MacGuineas recently appeared on CNBC's "Power Lunch" to discuss waste, fraud, and abuse in the federal budget, efforts to...
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House Budget Allows for Too Much Debt
Read moreThe House Budget Committee reported out a Fiscal Year 2025 budget resolution last week that would facilitate reconciliation legislation permitting $2...
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Taking a Closer Look at the House Budget’s Reconciliation Instructions
Read moreNote (2/19/2025): The below analysis was written before the committee marked up the resolution and added a requirement for an additional $500 billion...
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12-Month Rolling Deficit is $2.1 Trillion in January 2025
Read moreThe 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from...
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David Stockman: Trump’s $30 trillion Debt Disaster
Read moreDavid Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former...
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CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
Read moreThe United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according...
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Maya MacGuineas on CNBC's "The Exchange"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on CNBC's "The Exchange" to discuss the Committee's estimates...
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Interest on the Debt to Grow Past $1 Trillion Next Year
Read moreThe Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net interest payments on the debt...
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Trump Tax Priorities Total $5 to $11 Trillion
Read moreIn a closed-door meeting with House Leadership today President Trump reportedly outlined his tax priorities. According to press reports, they included...
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Debt-to-GDP Growth Could Double with a $5.5 Trillion Bill
Read moreAccording to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to allow up to $5.5...