Budgets & Projections
Latest
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Kerrey and Danforth Sound the Alarm on Long-Term Debt
Former Senators Bob Kerrey (D-NE) and John C. Danforth (R-MO) recently published an op-ed in the Wall Street Journal highlighting the need to address...
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There Are Plenty of Offsets for Infrastructure Package
A bipartisan group of senators has apparently reached agreement on a plan with $579 billion of new infrastructure spending. Meanwhile, President Joe...
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President's Budget Would Add More to Debt With Tax Cut Extensions
President Joe Biden's Fiscal Year (FY) 2022 budget includes many significant changes that would add nearly $1.4 trillion to deficits through FY 2031...
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Congress Should Pass a Budget, Not Deem Huge Spending Increases
For Immediate Release Recent press reports indicate that the House of Representatives may vote on a “deeming resolution” as soon as this week to set...
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How Much Would the President's Budget Extend Medicare Solvency?
The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the Congressional Budget Office (CBO) and the...
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CBO Reports $2.1 Trillion Deficit for First Eight Months of FY 2021
For Immediate Release The United States borrowed nearly $2.1 trillion in the first eight months of fiscal year 2021, according to the latest Monthly...
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Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked
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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Breaking Down the Proposals in the President's FY 2022 Budget
Last week, the Biden Administration released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...
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An Overview of the President’s FY 2022 Budget
Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal, outlining his tax and spending proposals and their effects on the...
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President Biden's Full FY 2022 Budget
The Biden Administration today released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...
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President's Budget Does Little to Address High and Rising Debt
For Immediate Release President Biden just released his Fiscal Year (FY) 2022 budget, the first full budget of his presidency, which lays out his tax...
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What We Hope to See in the President's FY 2022 Budget
The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...