Debt & Deficits

CBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried further...

The Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...

The year 2018 was a busy time for budget policy, which gave us plenty of opportunities for analysis via tables and graphs. We published over 250 blogs...

CRFB president Maya MacGuineas testified before the House Financial Services Committee on Thursday, December 20. The hearing, entitled "The Peril of...

This year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in 2017. This...

When analyzing the fiscal health of the country, we often focus on federal government debt held by the public. Data published by USAFacts allows us to...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...

When asked about the increasing deficit, President Trump yesterday pointed to defense spending increases and disaster relief. While both of those...

With last year's deficit growing to $779 billion, Moody's Investors Service yesterday warned that the country's fiscal position is on a "gradual...

The Treasury Department today released a fiscal year-end report showing that the deficit for FY 2018 increased to $779 billion, a $113 billion (or 17...