Budgets & Projections
Latest
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New House Members Stress Importance of PAYGO
A group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...
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Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)
Today, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...
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Budget Deal Made Bad Situation Worse
For Immediate Release The Congressional Budget Office released a new update Wednesday to its Budget and Economic Outlook: 2019 to 2029, the first...
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New CBO Budget Projections Show Toll of Budget-Busting Legislation
The Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...
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Where Does the Budget Stand Compared to Historical Averages?
Recently, there has been a lot of discussion over whether the country has a revenue problem or a spending problem. While there is no way to...
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Even With Lower Interest Rates, Debt Remains Unsustainable
With the Federal Reserve today announcing a 0.25 percentage point decrease in the federal funds rate, it appears interest rates will remain lower than...
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Recent Fiscal Irresponsibility Will Double Deficits
As deficits are expected to climb above $1 trillion in the coming years, it's worth noting that tax cuts and spending hikes passed just in the past...
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Addressing Common Claims About the Budget Deal
The President and Congressional leaders announced a plan to raise the caps on discretionary spending by $322 billion for Fiscal Years (FY) 2020 and...
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President Trump’s $4 Trillion Debt Increase
If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In total, we...
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Budget Deal's Offsets Don't Even Cover The Interest
President Trump and leaders in Congress announced a deal this week to increase caps on discretionary spending by $169 billion in 2020 and $153 billion...
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Co-Chairs Daniels, Panetta, & Penny Statement on Budget Agreement
For Immediate Release Committee for a Responsible Federal Budget Co-Chairs Governor Mitch Daniels, Secretary Leon Panetta, and Congressman Tim Penny...
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Five Reasons to Oppose the Budget Deal
Congressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...