Budgets & Projections
Latest
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The Decade in the Federal Budget
When it comes to fiscal policy, the 2010s have been quite a rollercoaster. Below, we’ve identified a few major budgetary trends and patterns of the...
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Policymakers Added $2.2 Trillion to the Debt in 2019
With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...
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Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?
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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Mike Murphy: Unlike Politicians in D.C., Some Are Willing to Work Together
Mike Murphy is the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an op-ed for...
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Year-End Tax Cuts Would Add $470 Billion to the Debt
For Immediate Release Press reports suggest lawmakers are negotiating a deal to combine year-end funding bills with a series of large tax cuts –...
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OECD: U.S. Has the Highest Deficit
The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries according to the...
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Burchett, Case, and Womack Introduce RAFT Act
One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new bill...
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Washington Must Avoid Budget-Busting Christmas Tree Legislation
For Immediate Release Back from Thanksgiving recess, Congress now has less than three weeks to fund the government before the current continuing...
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Case and Womack Introduce Sustainable Budget Act
Building on bipartisan momentum for addressing our unsustainable fiscal situation, Representative Ed Case (D-HI) and House Budget Committee Ranking...
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Budget Deficit Increases 34% in October
For Immediate Release The Department of Treasury today announced that the deficit in October was $134 billion – a 34 percent increase from October...
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Mike Murphy: While Congress Makes Budgeting Look Hard, Americans Show How to Do It
Mike Murphy, the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative wrote an op-ed that is featured in...
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Washington Should Pursue Clean Appropriations Bills
For Immediate Release Senior appropriators confirmed yesterday their plan to pass a second continuing resolution for fiscal year 2020, extending the...