Budgets & Projections
Latest
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CBO Confirms Debt Exceeded 100% of GDP for FY 2020
For Immediate Release The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020, which confirms that the...
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Maya MacGuineas: The national debt still matters, despite low interest rates
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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A Closer Look at the Record $3.1 Trillion Deficit in FY 2020
The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...
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Maya MacGuineas: Trump and Biden must answer critical budget questions
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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Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles
The bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...
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Problem Solvers Release Budget Principles
Earlier this week, the Congressional Problem Solvers Caucus, a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...
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Treasury Shows Record Borrowing
The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
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The National Debt is Now Larger than the Economy
For Immediate Release The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record...
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The Cost of the Trump and Biden Campaign Plans
Whoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Maya MacGuineas: The debt is huge because Trump kept his promises
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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Analysis of CBO's 2020 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its 2020 Long-Term Budget Outlook, which shows the federal budget is on an unsustainable long...
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CBO Releases 2020 Long-Term Budget Outlook
The Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...