Budgets & Projections
Latest
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OBBBA Would Cost More on a Dynamic Basis, Says CBO
Read moreThe Congressional Budget Office (CBO) released its dynamic score of the House-passed One Big Beautiful Bill Act (OBBBA), finding that the bill would...
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Social Security and Medicare Are Only 8 Years from Insolvency
Read moreThe Trustees for Social Security and Medicare released their annual reports on the financial status of the programs’ respective trust funds today. The...
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Social Security and Medicare Trustees Release 2025 Reports
Read moreNote: We have published our analyses of the Social Security and Medicare Trustees' Reports. The Social Security and Medicare Trustees released their...
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OBBBA’s 30-Year Price Tag
Read moreThe House-passed One Big Beautiful Bill Act (OBBBA) would add $3 trillion to the debt through Fiscal Year (FY) 2034 as written and $5 trillion if made...
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Maya MacGuineas: Trump’s Bill is Big, But Definitely Not Beautiful
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for U.S. News and World Report, an...
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How Much Would OBBBA Pay For Itself?
Read moreThe House-passed One Big Beautiful Bill Act (OBBBA) would add about $3 trillion to the debt, including interest, on a conventional basis. However...
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Leon Panetta and Bill Gradison Jr.: Bipartisanship Is Key to Fiscal Responsibility
Read moreLeon Panetta and Bill Gradison Jr. are former Members of Congress and a Co-Chair and a Director, respectively, of the Committee for a Responsible...
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Senate HELP Committee Proposes $355 Billion in Offsets
Read moreYesterday, the Senate Health, Education, Labor, and Pensions (HELP) Committee released its part of the Senate reconciliation package, which we...
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Maya MacGuineas: National debt is a crisis. Congress must take it seriously
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News , an...
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12-Month Rolling Deficit is $2.0 Trillion in May 2025
Read moreThe federal government borrowed $2.0 trillion over the past year – June 2024 to May 2025 – based on estimates from the Congressional Budget Office...
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Maya MacGuineas on When Debt Becomes a Problem
Read moreCommittee President Maya MacGuineas recently took part in a explainer video by the Wall Street Journal, "When Does US Debt Become Genuinely Bad?"...
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Income Growth Would Slow Due to Rising Debt
Read moreA new report from the Congressional Budget Office (CBO) finds rising debt will slow economic growth and result in lower incomes than they would be...