Budgets & Projections
Latest
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Fix The Debt Co-Chair Senator Judd Gregg's Testimony on the Direction, Drivers and Dangers of the Federal Debt
On September 8, 2016, Campaign to Fix the Debt Co-Chair and former Senator Judd Gregg (R-NH) testified before the Joint Economic Committee on "Federal...
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Interest Rates Drive Changes in CBO's Latest Outlook
By far the biggest revision to the Congressional Budget Office's (CBO's) latest ten-year budget projections are the lower projected interest rates...
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Running on Empty? Fiscal Space and the Next Recession
The national debt increased dramatically during and after the Great Recession, rising from 35 percent of Gross Domestic Product (GDP) in 2007 to 66...
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Maya MacGuineas: The first step towards solving the debt crisis: Stop digging
Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, wrote an op-ed that...
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Our Quick Take on CBO's August Projections
The Congressional Budget Office (CBO) just released updated baseline projections showing deficits and debt rising in the coming years. CRFB will...
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Report: Analysis of CBO's August 2016 Budget and Economic Outlook
Budget deficits are on the rise, according to the Congressional Budget Office’s (CBO’s) budget and economic projections released today. CBO projects...
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Subject to Change: How Different Parameters Could Affect Long-Term Debt
Underlying the Congressional Budget Office's (CBO) 30-year budget projections are a series of economic and demographic assumptions that are critical...
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Making Trust Funds Solvent Would Just About Stabilize Debt
The Congressional Budget Office's (CBO) long-term outlook shows a bleak picture, with federal debt steadily rising from 75 percent of Gross Domestic...
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How Much Would Clinton and Trump Increase Our $19 Trillion Gross Debt?
Our report Promises and Price Tags: A Fiscal Guide to the 2016 Election estimates that debt held by the public would rise from about $14 trillion...
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Has President Obama Doubled the National Debt?
While accepting the Republican nomination for president, Donald Trump said, "President Obama has almost doubled our national debt to more than $19...
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The Long-Term Outlook Could Be Even Worse Than CBO Says
The Congressional Budget Office's (CBO) long-term outlook shows debt nearly doubling as a percentage of Gross Domestic Product (GDP) over the next 30...
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The Very, Very Long-Term Budget Outlook
The Congressional Budget Office's (CBO) long-term outlook shows growing federal debt over the next 30 years, but we extended those projections to 75...