Budgets & Projections
Latest
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CBO's Estimate of Proposals in the President's FY 2021 Budget
The Congressional Budget Office (CBO) has released its estimate of the President's Fiscal Year (FY) 2021 budget using its own assumptions to evaluate...
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CBO Releases Its Own Estimate of the President's FY 2021 Budget
The Congressional Budget Office (CBO) just released its estimate of the President’s Fiscal Year (FY 2021) budget. CBO’s analysis shows that debt and...
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CBO’s Analysis of the President’s FY 2021 Budget
Today, the Congressional Budget Office (CBO) released its analysis of the President’s Fiscal Year (FY) 2021 budget using its own assumptions to...
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CBO Updates Budget Projections Before Coronavirus Impact
Today, the Congressional Budget Office (CBO) released its updated budget projections, showing the national debt is on an unsustainable path. Under CBO...
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How Much Would Sending People Checks Cost?
Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...
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New CBO Baseline Reaffirms Challenge of Coronavirus Response
For Immediate Release The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t...
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Monthly Deficit Hits New Record
For Immediate Release The United States ran a record-high budget deficit in February 2020. According to the Monthly Treasury Statement released today...
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ARCHIVE: Budget Offsets Bank
Note (7/14/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes updated options...
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Budget Resolution Principles for Fiscal Year 2021
The Congressional budget resolution should establish national priorities in a responsible manner. Congress should follow these principles to craft a...
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Thoughtful Deficit Reduction in the President’s Budget
While much of the decline in debt as a share of GDP in the President’s Fiscal Year (FY) 2021 budget comes from rosy economic growth assumptions and...
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Debt Will Likely Rise, Not Fall, Under the President's Budget
According to the Office of Management and Budget (OMB), the President’s Fiscal Year (FY) 2021 budget would reduce debt from 80 percent of Gross...
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Interest Costs Will More Than Double Over the Next Decade
The Congressional Budget Office's (CBO) latest budget projections show interest on the national debt remains the fastest growing category of the...