Budgets & Projections
Latest
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10 Things to Look Out For After the 2025 Reconciliation Law
Read moreEarlier this month, the President signed the 2025 reconciliation law – also known as the “One Big Beautiful Bill Act” (OBBBA). The law extended and...
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Maya MacGuineas on MSNBC's "Ana Cabrera Reports"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on MSNBC's "Ana Cabrera Reports" to discuss the latest...
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Retirees Face an $18,100 Benefit Cut in 7 Years
Read moreThe Social Security and Medicare trust funds are only a little more than seven years from insolvency, based on projections from the programs’ own...
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Final OBBBA Score Confirms Long Road to Fiscal Recovery
Read moreToday, the Congressional Budget Office (CBO) released its final conventional score of the recently-enacted reconciliation bill known as the One Big...
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Congress Should Not Cancel Reconciliation Offsets
Read moreA bill has been introduced that would significantly worsen the fiscal effects of the already debt-increasing reconciliation law (the “One Big...
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The 30-Year Cost of OBBBA
Read moreThe recently enacted One Big Beautiful Bill Act (OBBBA) would add an estimated $4.1 trillion to the debt through Fiscal Year (FY) 2034, based on...
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Treasury Confirms Spending Up $142 Billion in 2025
Read moreAccording to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion...
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12-Month Rolling Deficit is $1.9 Trillion in June 2025
Read moreThe federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the Congressional Budget Office...
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CBO Estimates Spending Up $144 Billion in 2025
Read moreThe Congressional Budget Office (CBO) released its Monthly Budget Review for June 2025, estimating that federal spending, as measured by outlays, is...
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Maya MacGuineas on CNBC's "America's Deficit Reckoning"
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas was recently interviewed for a new CNBC special report, "America's Deficit...
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Maya MacGuineas: Congress, stop ignoring Social Security
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for Dallas Morning News, an...
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A Dark Day for Our Fiscal Future
Read moreThe House of Representatives passed the Senate reconciliation bill, sending it to the President’s desk. This bill will be the most expensive...