Budgets & Projections
Latest
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Replacing Tariff Revenue if the Supreme Court Rules Tariffs Illegal
Read moreThis November, the Supreme Court will hold oral arguments on whether a large swath of President Trump‘s tariffs are illegal or not, possibly leading...
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Congress Should Not Add $1.5 Trillion to Debt in CR
Read moreFiscal Year (FY) 2025 will end at midnight on September 30, and unless policymakers agree on passing all 12 appropriations bills or passing a...
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12-Month Rolling Deficit is $1.9 Trillion in August 2025
Read moreFrom September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the Congressional Budget Office (CBO)...
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Reduce the Debt with Government Funding Deadline
Read moreFiscal Year 2025 will end on September 30, and none of the 12 appropriations bills to fund the government have been signed into law. Without action...
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Maya MacGuineas on MSNBC's "Ana Cabrera Reports"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the impact of...
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Maya MacGuineas on Fox Business' "Mornings With Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss revenue from...
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Meeting Fiscal Goals Under CRFB’s August Baseline
Read moreIt would take roughly $7.5 trillion of deficit reduction over the next decade to bring the deficit down to 3 percent of GDP by 2035, and $9 trillion...
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An August 2025 Budget Baseline
Read moreThe enactment of the One Big Beautiful Bill Act (OBBBA), new tariffs framework, and other changes have meaningfully changed the fiscal outlook since...
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Gross National Debt Reaches $37 Trillion
Read moreThe gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant...
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Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn August 11, 2025 the gross national debt exceeded $37.0 trillion for the first time. This mark serves as an important reminder of the nation's...
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12-Month Rolling Deficit is $1.9 Trillion in July 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the Congressional Budget Office...
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Maya MacGuineas on Fox Business' "Mornings With Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss CBO...