Budgets & Projections
Latest
-
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...
-
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...
-
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Note (7/14/2022): This analysis is now out of date.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...
-
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...
-
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...
-
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...
-
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...
-
Spending Has Increased $800 Billion Under President Trump
President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including...
-
An Overview of the President’s FY 2021 Budget
Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...
-
Analysis of the President’s FY 2021 Budget
The Trump Administration released its Fiscal Year (FY) 2021 budget proposal today, outlining the President’s tax and spending priorities over the next...
-
President’s Budget Mixes Real Proposals and Fantasy Assumptions
For Immediate Release Today, President Trump released his budget for Fiscal Year (FY) 2021, outlining his tax and spending agenda over the next decade...
-
The President's Budget Saves Medicare $600 Billion While Reducing Out-of-Pocket Costs
Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...