Latest
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Chartbook: America's Budget Outlook
Read moreBelow is a chartbook on America's deteriorating budget outlook. Update (5/15/18): We clarified the footnote on slide 9 to more clearly reference CBO's...
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Republican Study Committee Releases FY 2019 Budget
Read moreWhile the House and Senate Budget Committees have yet to release a budget for FY 2019, the Republican Study Committee (RSC) has released its own...
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Budget Barometer: 6 Key Debt Numbers
Read moreA good way to judge the national debt is as a share of the overall economy (or GDP). Based on the latest figures from the Congressional Budget Office...
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CBO Sees Major Trust Fund Exhaustions On The Horizon
Read moreThe Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth exhausting...
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Interest Spending is on Course to Triple
Read moreAccording to CBO's latest projections, the rising cost of interest on the debt is a significant driver of growing deficits and debt. In this piece, we...
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Debt Could be Twice the Size of the Economy by Mid-Century
Read moreThe Congressional Budget Office's (CBO) recent ten-year budget projections show that debt is on course to exceed the size of the economy in just over...
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Goldwein and Moller: How Congress Cheats with Our Money — and How We Can Stop It
Read moreMarc Goldwein is senior vice president and senior policy director and Zach Moller is a senior policy analyst at the Committee for a Responsible...
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Is CBO "Always Wrong" Because It Doesn't Understand Growth?
Read moreIn dismissing projected trillion-dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should "never believe the...
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IMF: US is the Only Advanced Economy With Debt Rising
Read moreThe International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...
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What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs
Read moreInterest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...
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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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Maya MacGuineas: Welcome to the woeful world of free-lunch economics
Read moreMaya 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...