Budgets & Projections
Latest
-
81 Percent of Spending Growth Will Come from Health Care, Social Security, and Interest
Read moreThe Congressional Budget Office (CBO) projects that budget deficits will double from $1.4 trillion in Fiscal Year (FY) 2023 to nearly $2.9 trillion by...
-
Net Interest Will Total $10.5 Trillion Over the Next Decade
Read moreOne of the fastest-growing expenditures over the next decade will be net interest on the national debt, according to the latest projections from the...
-
What Would It Take to Balance the Budget? An Update
Read moreThe analysis below updates our previous analysis " What Would It Take to Balance the Budget?" to account for the Congressional Budget Office's latest...
-
CBO's Latest Projections Make Fiscal Goals More Difficult
Read moreFederal debt held by the public is on track to exceed its record as a share of the economy – 106 percent of Gross Domestic Product (GDP), set just...
-
Analysis of CBO's February 2023 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its latest Budget and Economic Outlook today, projecting the nation’s fiscal and economic future over...
-
CBO Releases February 2023 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its February 2023 Budget and Economic Outlook, its first baseline since May 2022. CBO's new budget...
-
Debt On Track to Exceed Records in Just 5 Years
Read moreThe Congressional Budget Office (CBO) released its latest Budget and Economic Outlook today, projecting that the national debt will surpass its record...
-
Treasury Confirms $39 Billion Deficit in January
Read moreThe Treasury Department released its latest Monthly Treasury Statement today, confirming that the United States borrowed $39 billion in the month of...
-
CBO Reports $459 Billion Deficit for the First 4 Months of the Fiscal Year
Read moreThe United States borrowed $459 billion in the first four months of fiscal year 2023, including $38 billion in January, according to the latest...
-
Net Interest Payments Topped $475 Billion in FY 2022
Read moreOne of the main reasons to be concerned about our high and rising national debt is the growing size of interest payments needed to service it. In...
-
Marc Goldwein: Here are realistic goals for Congress to get a grip on national debt
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
-
Treasury Confirms Calendar Year 2022 Deficit Tops $1.4 Trillion
Read moreThe Treasury Department released the final Monthly Treasury Statement of calendar year 2022 today, confirming that the United States borrowed $1.4...