Budgets & Projections
Latest
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The Budgetary Implications of the Senate Budget Resolution
Read moreThe recently released fiscal year (FY) 2022 Senate budget resolution provides reconciliation instructions allowing for deficit increases of up to $1...
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How Much Could Build Back Better Add to the Debt, An Update
Read moreNote: with recent Administrative actions on SNAP, debt-to-GDP will be about 0.6 percent higher in all scenarios. As a result, it will now reach 107...
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CBO's Deficit Projections Are Higher, Here's Why
Read moreIn its updated Budget and Economic Outlook, the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between Fiscal...
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The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing
Read moreSenate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...
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How Much Could Build Back Better Add to the Debt?
Read moreNote: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the estimates for...
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True Cost of Budget Plan Could Exceed $5 Trillion
Read moreThe Senate may soon move forward on reconciliation instructions to allow for the enactment of $3.5 trillion in new spending and tax breaks (on top of...
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Fully Paid for Must Mean Fully Paid For
Read moreFor Immediate Release Senate Budget Committee Democrats have apparently reached an agreement to pursue $3.5 trillion of new spending and tax breaks...
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CBO Reports $173 Billion Deficit for June
Read moreFor Immediate Release The United States borrowed over $2.2 trillion in the first nine months of fiscal year 2021, including $173 billion in June...
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Analysis of CBO's July 2021 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released initial details of its updated Budget and Economic Outlook, accounting for enactment of the...
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CBO Projects Debt to Reach Record Levels
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Updated Budget and Economic Outlook for the next decade, projecting the...
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CBO Releases July 2021 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook, accounting for enactment of the American Rescue Plan and...