Budgets & Projections
Latest
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GAO Releases Long-Term Budget Outlook
Read moreThe Government Accountability Office (GAO) recently published its latest report on the nation’s long-term fiscal outlook. Once again, GAO warns that...
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Committee Sends Congress a Briefing Book on the Budget
Read moreThe Committee for a Responsible Federal Budget recently shared our updated " Briefing Book for a Fiscally Responsible 117 th Congress" with...
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President Biden's FY 2022 Discretionary Budget
Read moreToday, the Biden Administration released an abridged version of the President’s budget. This partial budget details proposed allocations and plans for...
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CBO Reports $658 Billion Deficit for March
Read moreFor Immediate Release The United States’ budget deficit for March totaled $658 billion, according to the Congressional Budget Office (CBO). It is the...
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The Case for Trust Fund Solutions
Read moreSome of the nation’s most important government programs are financed with dedicated revenue sources using federal trust funds. Four of those programs...
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New Budget Projections Show Record Deficits and Debt
Read moreNow that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a...
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American Rescue Plan Could Set Stage for $4 Trillion of Debt
Read moreThe American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of the...
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Analysis of CBO's March 2021 Long-Term Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook, confirming that the federal budget is on an...
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Economic Recovery is Behind Stable Near-Term Debt
Read moreWhile the Congressional Budget Office's latest budget outlook shows debt being larger than the size of the economy for the foreseeable future and...
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Pell Program Faces Funding Cliff in 2026
Read moreThe Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by 2031...
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CBO Releases New Long-Term Budget Projections
Read moreThe Congressional Budget Office (CBO) released a new set of long-term budget projections today, showing that the long-term fiscal outlook remains...
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Analysis of CBO's February 2021 Budget and Economic Outlook
Read moreToday, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...