Budgets & Projections
Latest
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CBO's Analysis of the President's FY 2020 Budget
The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2020 budget using its own assumptions to evaluate the...
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The Republican Study Committee's FY 2020 Budget: Preserving American Freedom
The Republican Study Committee (RSC) has released its own budget proposal for Fiscal Year (FY) 2020, calling for $10.7 trillion in deficit reduction...
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President's Budget Gets Serious About Cutting Waste, Fraud, and Abuse
Update: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...
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CBO Report Shows Debt Headed Toward Uncharted Waters
For Immediate Release The Congressional Budget Office (CBO) released updates to its budget projections this afternoon. Under current law, CBO projects...
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CBO's Updated Baseline Shows Grim Outlook
Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and continue...
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Letter to Congress to Abide By PAYGO
Below is a letter from Committee for a Responsible Federal Budget president Maya MacGuineas to all Members of Congress asking them to offset the costs...
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Watch: Unpacking the Social Security Trustees' Report
The Committee for a Responsible Federal Budget hosted a lunch and panel discussion today on Unpacking the Social Security Trustees' Report. You can...
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GAO: "Federal Government Is on an Unsustainable Fiscal Path"
The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...
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Why Should We Worry About the National Debt: Questions and Answers
“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy...
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Why Should We Worry About the National Debt?
Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two years...
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Maya MacGuineas and Mike Murphy: Disastrous Record Deficits Threaten US Future
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and Mike Murphy is director of the Committee's new initiative, FixUS...
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Last Year Was the Only Where Congress Did Not Vote On a Budget
Last year was a historically bad year for the Congressional budget process. Since 1976, it was the first time that neither the Senate or House voted...