Budgets & Projections
Latest
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Join CRFB as We Live Tweet the President's Address to Congress
President Trump will give his first address before a joint session of Congress tonight at 9 PM Eastern time. CRFB will be live tweeting the speech...
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Co-Chairs Call on Trump to Talk About National Debt in First Address to Joint Session of Congress
Committee for a Responsible Federal Budget co-chairs Mitch Daniels, Leon Panetta, and Tim Penny released the following statement Monday calling on...
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Statement by Maya MacGuineas on President’s National Debt Comments
Today, President Trump said the national debt went down $12 billion in the first month of his presidency. Maya MacGuineas, President of the Committee...
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What We’d Like to See in President Trump’s FY 2018 “Skinny Budget”
The Trump Administration is expected to soon release its first budget outlining the President’s priorities for Fiscal Year (FY) 2018 and the...
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President Trump's Historic Debt Dilemma
As President Donald Trump begins his term, he faces perhaps the most daunting fiscal situation of any incoming president. President Trump enters...
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Three Trust Funds Face Insolvency in the Next Eight Years
We have made clear that President Trump faces a challenging fiscal situation now that he has entered office. As we laid out, part of that situation...
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Principles for the Fiscal Year 2018 Budget Resolution
The Congressional budget resolution is a guiding document that should establish the nation’s budget priorities, the approach to financing them, and a...
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What's Needed to Balance the Budget and Meet Other Fiscal Goals
With debt projected to rise from 77 percent of GDP today to 89 percent by the end of the decade, our latest estimates find that fixing the debt is...
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How Alternative Policies Could Push Debt Higher
The Congressional Budget Office's (CBO) Budget and Economic Outlook shows debt rising from its current level of 77 percent of Gross Domestic Product...
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The 30-Year Outlook Also Looks Gloomy
In addition to the Congressional Budget Office's (CBO) ten-year budget outlook, the agency also releases 30-year projections for spending, revenue...
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Judd Gregg: The Way Ahead on Tax, Debt and Healthcare
This is a “have your cake and eat it too” moment.
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Mandatory Spending Continues to Drive Spending Growth
The deficit will rise dramatically over the next decade, from about $560 billion at the end of Fiscal Year (FY) 2017 to over $1.4 trillion at the end...