Budgets & Projections
Latest
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Statement on Bipartisan TRUST Act
Read moreSenators Mitt Romney (R-UT) and Joe Manchin (D-WV) and Representatives Mike Gallagher (R-WI) and Ed Case (D-HI) introduced the TRUST Act on Tuesday...
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Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit
Read moreFor Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures show...
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Treasury: 2019 Deficit was $984 Billion
Read moreThe Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...
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Will Thanksgiving Appropriations Be Stuffed with Debt?
Read moreHaving just enacted a continuing resolution last week to extend current government funding through November 21, policymakers must now work toward the...
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Eugene Steuerle: Multi-Trillion Dollar Fiscal and Monetary Gambles
Read moreUnder pressure from President Trump and worried about a worldwide economic slowdown, the Federal Reserve recently cut short-term interest rates.
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Marjorie Margolies: When will the 2020 presidential candidates be asked about America’s debt?
Read moreMarjorie Margolies is president of Women’s Campaign International and a member of the board of the Committee for a Responsible Federal Budget. She...
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Americans Show They Can Make Tough Federal Budget Decisions and Reduce National Debt
Read moreThe national debt currently is the highest it has been as a share of the economy since just after World War II, and it is rising rapidly. This high...
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We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt
Read moreWe have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...
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Eugene Steuerle: Congress is supposed to decide how the U.S. spends money. Soon, it won’t be able to.
Read moreDemocratic candidates for president are promising Medicare-for-all, free college and an ambitious — and expensive — Green New Deal.
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After the 2020 Election, Fiscal Challenges Await
Read moreThe winner of the 2020 presidential election will begin his or her term facing a daunting fiscal situation. High deficits and debt, depleting trust...
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Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt
Read moreTim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...
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Debt Could Reach Record Levels by 2030
Read moreThe Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...