Budgets & Projections
Latest
-
Lawmakers Are Mulling Up to $2.3 Trillion in Borrowing
Read moreSo far, this year, lawmakers have enacted $1.3 trillion of ten-year debt reduction (see our debt thermometer) – the most since 2011. But policies...
-
Treasury: $381 Billion Deficit in First 2 Months of Fiscal Year
Read moreThe United States borrowed $381 billion in the first two months of fiscal year 2024, including $314 billion in November, according to the latest...
-
CBO Estimates $383 Billion Deficit For First Two Months of Fiscal Year
Read moreThe United States borrowed $383 billion in the first two months of fiscal year 2024, including $317 billion in November, according to the latest...
-
Treasury Confirms $67 Billion Deficit in First Month of Fiscal Year
Read moreThe United States borrowed $67 billion in the first month of fiscal year 2024, according to the latest Monthly Treasury Statement from the Treasury...
-
TCJA Expansions Could Balloon Cost of Extensions
Read moreExtending various income and estate tax provisions of the Tax Cuts and Jobs Act (TCJA) expiring after 2025 would cost $3.4 trillion through 2035...
-
CBO Estimates $65 Billion Deficit For First Month of Fiscal Year
Read moreSince Fiscal Year (FY) 2024 began on October 1, the United States has already borrowed $65 billion, according to the latest Monthly Budget Review...
-
Chartbook: R versus G and the National Debt
Read moreOn October 31, Committee for a Responsible Federal Budget senior vice president and senior policy director Marc Goldwein gave a presentation on the...
-
ARCHIVE: Introducing the CRFB Debt Thermometer (2023)
Read moreNote: This is an archived version of the initial CRFB Debt Thermometer. For the most recent thermometer, see this page . Fiscal policy has profound...
-
2023 Interest Costs Reach $659 Billion
Read moreAccording to final data from the Treasury Department, net interest costs reached $659 billion (2.5 percent of GDP) in fiscal year 2023, a $184 billion...
-
2023 Deficit Hit $1.7 Trillion
Read moreThe U.S. Department of the Treasury released its final Monthly Treasury Statement for Fiscal Year (FY) 2023, showing a $1.7 trillion deficit for the...
-
At $1.7 Trillion, Our Deficit Is Much Too High
Read moreThe U.S. Treasury Department released the final Monthly Treasury Statement for Fiscal Year 2023 today, confirming the budget deficit totaled $1.7...
-
Deficit Tops $1.7 Trillion As Interest Rates Surge
Read moreThe Congressional Budget Office (CBO) today released its final Monthly Budget Review of Fiscal Year (FY) 2023, finding that the budget deficit totaled...