Budgets & Projections
Latest
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Restoring Trust Fund Solvency Would Reduce Long-Term Debt Growth
Restoring solvency to the major trust funds would reduce one-half to four-fifths of the projected debt-to-GDP growth over the next three decades. The...
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Bipartisan Fiscal Forum Launched
Today marked the launch of the Bipartisan Fiscal Forum, a group of lawmakers focused on drawing attention to and finding solutions for America’s...
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CRFB Applauds Launch of Bipartisan Fiscal Forum
The Committee for a Responsible Federal Budget today applauded the launch of the Bipartisan Fiscal Forum (BFF), co-chaired by Reps. Scott Peters (D-CA...
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Treasury Reports $1.4 Trillion Deficit For First 9 Months of Fiscal Year 2023
The United States borrowed $1.4 trillion in the first nine months of fiscal year 2023, including $228 billion in June, according to the latest Monthly...
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CBO Estimates $1.4 Trillion Deficit For First 9 Months of Fiscal Year
In the first nine months of fiscal year 2023, the United States borrowed $1.4 trillion, with a $225 billion deficit in June, according to the latest...
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The Deficit Was $2.2 Trillion Over Past Year
The federal budget deficit totaled $2.2 trillion over the past 12 months, up 64 percent from the $1.4 trillion deficit in Fiscal Year (FY) 2022 and...
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CBO: Social Security is Ten Years from Insolvency
The Congressional Budget Office (CBO) recently published detailed long-term projections for Social Security that project the financial outlook for the...
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New Poll Finds Widespread Support for Creation of a Bipartisan Fiscal Commission
A recent poll released by the Peter G. Peterson Foundation shows that a strong majority of Americans are increasingly concerned with the national debt...
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Chartbook: The Fiscal Outlook After the Debt Limit Deal
The recently-enacted Fiscal Responsibility Act (FRA) is the largest deficit reduction package in nearly a dozen years and an important step forward...
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Event Recap: The Fiscal Outlook After the Debt Limit Deal
The bipartisan Fiscal Responsibility Act (FRA), signed into law in May, is the largest deficit reduction legislation enacted in nearly a dozen years...
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Analysis of CBO's June 2023 Long-Term Budget Outlook
Today, the Congressional Budget Office (CBO) released its June 2023 Long-Term Budget Outlook, projecting that the national debt is on an unsustainable...
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CBO Releases June 2023 Long-Term Budget Outlook
The Congressional Budget Office (CBO) just released its June 2023 Long-Term Budget Outlook that projects the nation's fiscal future over the next...