Budgets & Projections
Latest
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Analysis of CBO's February 2021 Budget and Economic Outlook
Today, the Congressional Budget Office (CBO) released its February 2021 Budget and Economic Outlook, confirming that, despite improvements as a result...
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CBO Releases New 10-Year Budget Projections
The Congressional Budget Office (CBO) just released its February 2021 Budget and Economic Outlook, showing that the COVID-19 public health and...
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2021 Deficit On Course to Hit $2.3 Trillion
In light of the enactment of the year-end spending and COVID relief deal, we estimate the deficit will total $2.3 trillion for Fiscal Year (FY) 2021...
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Our Top 20 Charts of 2020
2020 was a busy year for fiscal policy, which gave us ample opportunities to conduct substantive policy analyses using charts and tables. This year...
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Now's Not the Time to Raid the Pell Surplus
With 2020 college enrollment down as a result of the COVID-19 pandemic, the Pell Grant program may add more to its reserves than previously estimated...
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Policymakers Must Not Ignore the Long-Term Debt Outlook
For Immediate Release Today, Larry Summers and Jason Furman released a new working paper, A Reconsideration of Fiscal Policy in the Era of Low...
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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...