Debt & Deficits
Latest
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More Than Half of Next Year's Deficit is Congress's Fault
Read moreThe budget deficit will approach the trillion-dollar mark next year, according to recent projections from the Congressional Budget Office (CBO). Well...
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Analysis of CBO’s April 2018 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...
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New From CBO: Trillion-Dollar Deficits Will Return In Two Years
Read moreThe Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...
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Chartbook: America's Deteriorating Budget Outlook
Read moreAn updated version of this chartbook is available here Below is a chartbook on America's deteriorating budget outlook.
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Maya MacGuineas: America's Debt Crisis is Coming – Interest Payments Will Hit a Trillion Dollars a Year
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Maya MacGuineas: Federal Budget Increasingly Tilted Against Investment in Children
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Updating the U.S. Budget Outlook
Read moreNote (4/30/2018): This paper was published before CBO's April 2018 baseline, which provides official estimates of the fiscal situation. For the...
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Bipartisan Budget Act Means the Return of Trillion-Dollar Deficits
Read moreLawmakers have passed a budget deal that will increase deficits by $320 billion over a decade or almost $420 billion with interest and sets the stage...
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Budget Deal Would Assure Permanent Trillion-Dollar Deficits
Read moreNote (2/9/2018): We have published an update to this blog reflecting passage of the Bipartisan Budget Act of 2018. It is posted here . Lawmakers...
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Maya MacGuineas: Wake Up: The Current Fiscal Free-for-All is Untenable
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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President Trump's Fiscal Record So Far
Read moreAs the first year of the Trump Presidency closes, it is worth taking a look at how the fiscal health of the country has changed since President Trump...
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Q&A: Everything You Should Know About the Debt Ceiling - Jan 2018
Read moreThis Q&A has been updated. See here for the latest version. One issue that must be addressed soon is the federal debt ceiling, which was reinstated on...