Budgets & Projections
Latest
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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...
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Debt Could Be 20 Percent of GDP Higher than President's Budget Claims
The Congressional Budget Office (CBO) typically publishes its own estimate of the President's budget about a month after the budget's initial release...
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An Overview of the President's FY 2019 Budget
Moments ago, President Trump released his Fiscal Year (FY) 2019 budget proposals, outlining his tax and spending proposals for the next decade. We...
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Analysis of the President's FY 2019 Budget
The Trump Administration released its Fiscal Year (FY) 2019 budget proposal today. The budget proposes a number of tax and spending changes that it...
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President's Budget Doesn't Meet the Fiscal Realities
For Immediate Release President Trump released his Fiscal Year (FY) 2019 budget on Monday. The following is a statement from Maya MacGuineas...
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Bipartisan Budget Act Means the Return of Trillion-Dollar Deficits
Lawmakers have passed a budget deal that will increase deficits by $320 billion over a decade or almost $420 billion with interest and sets the stage...