Budgets & Projections
Latest
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Analysis of CBO’s April 2018 Budget and Economic Outlook
The Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...
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New From CBO: Trillion-Dollar Deficits Will Return In Two Years
The Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...
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Baseline 101: Anticipating CBO's Updated Budget Outlook
The Congressional Budget Office (CBO) will release its 2018 Budget and Economic Outlook on April 9, which is likely to project sustained trillion...
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Chartbook: America's Deteriorating Budget Outlook
An updated version of this chartbook is available here Below is a chartbook on America's deteriorating budget outlook.
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Omnibus Spends $110 Billion Above New Budget Caps
Last week's omnibus spending bill enacted a 13 percent increase in base appropriations, spending virtually all of the additional $143 billion allowed...
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Spending Deal Sets Dangerous Precedent
For Immediate Release Congressional leaders unveiled late Wednesday a bipartisan spending agreement to fund the government through the remainder of...
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Where Does the Higher Spending in the Omnibus Go?
Policymakers recently announced an omnibus appropriations bill to fund the government for the remaining six months of Fiscal Year 2018. The bill funds...
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Rising Rates Could Further Balloon Interest Spending
Note (5/15/2018): This blog was published before CBO's April 2018 baseline, which provides official estimates of the amount of interest that will be...
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Maya MacGuineas: America's Debt Crisis is Coming – Interest Payments Will Hit a Trillion Dollars a Year
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Interest Spending Is On Course to Quadruple
The fastest growing part of the federal budget is interest on the debt – payments made to service previous borrowing. While interest had already been...
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WATCH: MacGuineas Testifies Before House Budget Committee
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Budget Committee on CBO Oversight on...
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Updating the U.S. Budget Outlook
Note (4/30/2018): This paper was published before CBO's April 2018 baseline, which provides official estimates of the fiscal situation. For the...