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Comparing Spending Levels in the President’s 2025 Budget
President Biden proposes spending nearly $7.3 trillion in Fiscal Year (FY) 2025, or 24.8 percent of Gross Domestic Product (GDP), under his latest...
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Donald Trump's Proposal to Use Impoundment Authority
In a video published to his campaign website on June 20, 2023, former President Donald Trump declared he would use “impoundment” authority to reduce...
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7 Takeaways from the President's FY 2023 Budget
President Biden released his Fiscal Year (FY) 2023 budget request this week, and there is a lot to unpack (see our full analysis). Below are seven key...
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CBO’s Analysis of the President’s FY 2021 Budget
Today, the Congressional Budget Office (CBO) released its analysis of the President’s Fiscal Year (FY) 2021 budget using its own assumptions to...
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An Overview of the President’s FY 2021 Budget
Moments ago, President Trump released his Fiscal Year (FY) 2021 budget proposal, outlining his tax and spending proposals and their effects on the...
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The President's Budget Saves Medicare $600 Billion While Reducing Out-of-Pocket Costs
Last year, numerous politicians and outlets repeated the false and misleading claim that the President’s FY 2020 budget cut Medicare benefits by $845...
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Debt Would Rise, Not Fall, Under the President’s Budget
The President’s budget estimates it would reduce debt to 71 percent of Gross Domestic Product (GDP) and deficits to $202 billion (0.6 percent of GDP)...
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An Overview of the President's FY 2020 Budget
Moments ago, President Trump released his Fiscal Year (FY) 2020 budget proposals, outlining his tax and spending proposals for the next decade. We...
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Analysis of the President’s FY 2020 Budget
The Trump Administration released its Fiscal Year (FY) 2020 budget proposal today, outlining the President’s tax and spending priorities over the next...
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What We’d Like to See in President Trump’s FY 2020 Budget
Reports suggest the Trump administration will release its FY 2020 budget in two parts, beginning next week. With debt at post-war record highs...
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OMB and Congress Propose New Way to Budget for Federal Buildings
UPDATE: Senator Chris Van Hollen (D-MD) introduced a version of this policy on May 27, 2021. Read about his legislation here. Both lawmakers and...
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Mid-Session Review Shows How Much Worse the Deficit Has Gotten in the Past Year
The Office of Management and Budget (OMB) released the Mid-Session Review (MSR) last week, updating the President's FY 2019 budget projections with...