Budgets & Projections
Latest
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William Hoagland: The next House speaker should learn from 2011 experience on fiscal reform
G. William Hoagland is senior vice president at the Bipartisan Policy Center and a member of the Committee for a Responsible Federal Budget. He...
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CRFB Launches Ad Campaign Urging No New Borrowing for the Rest of 2022
As lawmakers contemplate a number of tax breaks and spending increases as part of a year-end legislative package, the Committee for a Responsible...
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CBO Releases 2022 Budget Options Report
The Congressional Budget Office (CBO) released its Options for Reducing the Deficit: 2023 to 2032 report this week, outlining 76 policy options and...
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Congress Should Avoid Budget-Busting Omnibus
Congressional negotiators are apparently discussing a Fiscal Year 2023 omnibus appropriations bill of $1.65 trillion or higher, which would represent...
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Maya MacGuineas: Here’s A Blueprint For Tackling America’s Crippling National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Budget Experts Urge Congress: No New Borrowing for Remainder of 2022
Today budget experts from the Committee for a Responsible Federal Budget, Concord Coalition, Progressive Policy Institute, and R Street Institute sent...
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Maya MacGuineas: Washington should make a pledge: No new debt for the rest of 2022
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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New Projection: Federal Debt Will Reach Record Levels Sooner Than Expected
The nation’s fiscal and economic outlook has deteriorated substantially since the last Congressional Budget Office (CBO) baseline in May, when CBO...
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CBO Reports $83 Billion Deficit in First Month of Fiscal Year
The United States borrowed $83 billion in October, according to the latest Monthly Budget Review from the Congressional Budget Office. The following...
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The CRFB Fiscal Blueprint for Reducing Debt and Inflation
The United States faces numerous economic and fiscal challenges, including surging inflation, rising interest rates, trust funds heading toward...
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A $1.4 Trillion Deficit Is Not An Accomplishment
The U.S. Treasury Department released the final Monthly Treasury Statement for Fiscal Year 2022 today, confirming the deficit totaled nearly $1.4...
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COVID Relief End Explains All of 2022 Deficit Decline
The budget deficit fell by half between Fiscal Year (FY) 2021 and FY 2022, from $2.8 trillion to $1.4 trillion. While the Biden Administration has...