Budgets & Projections
Latest
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Treasury Shows Record Borrowing
Read moreThe 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
Read moreFor 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
Read moreWhoever 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
Read moreMaya 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
Read moreToday, 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
Read moreThe Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...
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The Long-Term Debt Outlook is Unsustainable
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns that our current high levels of...
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CBO Projects Major Trust Fund Exhaustions on the Horizon
Read moreA number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...
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Comparing President Trump’s Record to His 2016 Agenda
Read moreDuring the 2016 campaign, US Budget Watch estimated that then-candidate Donald Trump’s proposed agenda would add $4.6 trillion to budget deficits...
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CBO Reports $198 Billion Deficit for August, Pushing FY 2020 Total to $3 Trillion
Read moreFor Immediate Release The United States' budget deficit for the month of August was $198 billion, according to the Congressional Budget Office. The...
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Analysis of CBO’s September 2020 Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its updated budget outlook – the first to incorporate the effects of the COVID-19 public health...
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CBO Projects Debt Will Reach New Record
Read moreThe Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...