Budgets & Projections
Latest
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CRFB Reacts to the President’s FY 2025 Budget
President Biden released his Fiscal Year 2025 budget request today, including a number of tax and spending proposals and a roadmap for the country’s...
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Maya MacGuineas Discusses President's Budget on "Bloomberg Markets"
Committee president Maya MacGuineas recently joined "Bloomberg Markets" with host Sonali Basak to offer breaking analysis of President Biden's Fiscal...
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Fact-Checking the 2024 State of the Union
In last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
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The Deficit Totaled $1.8 Trillion Over the Past Year
The federal budget deficit totaled $1.8 trillion over the past 12 months, up $36 billion from the 12-month period ending in January and up $107...
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CRFB Reacts to House FY 2025 Budget Resolution
The House Budget Committee is marking up its Fiscal Year (FY) 2025 budget resolution today. The budget resolution proposes to bring the federal budget...
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New RECA Bill Would Worsen the Debt
The Senate is expected to vote this week on a bill ( S.3853) to dramatically expand the Radiation Exposure Compensation Act (RECA) created to...
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The State of the Union Deserves Less Theater, More Solutions
President Biden will give his State of the Union Address to a joint session of Congress tomorrow night. This annual address offers the President the...
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CBO Baseline Highlights Troubling Long-Term Future
The Congressional Budget Office’s (CBO) February 2024 Budget and Economic Outlook projects that the national debt will exceed its record as a share of...
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Bipartisan Support for a Fiscal Commission
This week, the American Road & Transportation Builders Association led a coalition letter to leadership asking for a fiscal commission to be included...
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Pell Grants Face a Big Shortfall
The Pell Grant program helps low-income students to fund their education by offering them up to $7,395 per year to fund tuition and other expenses...
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84 Percent of Spending Growth Will Come from Health, Social Security, and Interest
Budget deficits are projected to grow from $1.7 trillion in Fiscal Year (FY) 2023 to $2.6 trillion by 2034 according to the Congressional Budget...
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Maya MacGuineas Discusses CBO Projections on C-SPAN
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined C-SPAN's "Washington Journal" to discuss new projections from the...