Budgets & Projections
Latest
-
Committee for a Responsible Federal Budget Reacts to House Budget Resolution
For Immediate Release House Budget Committee Chairman Steve Womack (R-AR) introduced today a Chairman’s Mark of the Fiscal Year 2019 budget resolution...
-
Summarizing the FY 2019 House Budget Resolution
House Budget Committee Chairman Steve Womack (R-AR) released his Chairman's Mark of the House FY 2019 budget resolution. The budget resolution calls...
-
Gene Steuerle: Why Government Budget Estimates Are Often Wrong
Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and a member of the Committee for a Responsible...
-
CBO Economic Forecasts Are Similar to the Consensus, Unlike OMB
The Congressional Budget Office's (CBO) analysis of the President's Fiscal Year (FY) 2019 budget found that the President's policies would still...
-
CBO Releases Estimate of the President's Budget
The Congressional Budget Office (CBO) released its estimate of the President's 2019 budget today. The estimates show debt would continue to rise under...
-
CBO’s Analysis of the President’s FY 2019 Budget
The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2019 budget using its own assumptions to evaluate the...
-
It Would Be Unprecedented to Not Even Consider a Budget
For Immediate Release Over a month after the statutory deadline to complete a budget, neither the House nor Senate Budget Committees have even...
-
Congress Has Never Failed to Propose a Budget
There has never been a year where at least one of the two congressional Budget Committees have not proposed a budget. Since the modern budget process...
-
Paul & Sanford Introduce Penny Plans
Senator Rand Paul (R-KY) and Representative Mark Sanford (R-SC) have introduced “penny plans” that would balance the budget within a decade through a...
-
It Would Take Nearly Unprecedented Economic Growth to Balance the Budget
Increased economic growth has often been cited as a solution to our fiscal problems or as a way to offset deficit-increasing legislation. However...
-
Mandatory Spending Makes Up the Bulk of Spending Growth
Over four-fifths of the growth in nominal spending over the next decade is driven by Social Security, federal health programs, and interest on the...
-
A "Cheat Sheet" to Our Recent Work on Debt
Over the past month, we've been explaining different elements of CBO's recent budget outlook. Below is a summary of our recent work. Decade of Debt...