Latest
-
CBO Releases May 2023 Baseline
The Congressional Budget Office (CBO) today released new ten-year budget projections, again confirming that the national debt is on an unsustainable...
-
Maya MacGuineas on Bloomberg's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg Television's "Balance of Power" with Kailey Leinz and Joe Mathieu to discuss what...
-
Treasury Confirms $925 Billion Deficit For First 7 Months of Fiscal Year 2023
In the first seven months of fiscal year 2023, the United States borrowed $925 billion, according to the latest Monthly Treasury Statement from the...
-
Policymakers Need to Raise the Debt Ceiling
Today, President Biden, Speaker McCarthy, Leader Jeffries, Leader Schumer, and Leader McConnell met at the White House for a discussion on raising the...
-
Deficit Nearly $2 Trillion Over Past Year
The federal government has run nearly $2 trillion in deficits over the past year, based on monthly data from the Congressional Budget Office (CBO)...
-
Maya MacGuineas on Washington Post Live
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Washington Post Live to discuss the debt ceiling, federal...
-
Revenue Surge Comes to an End
After surging to a near-record 19.6 percent of Gross Domestic Product (GDP) last fiscal year, revenue has fallen to 17.7 percent of GDP over the past...
-
Q&A: Everything You Should Know About the Debt Ceiling
The federal debt ceiling was raised in December of 2021 by $2.5 trillion to $31.381 trillion, which lasted until January 19, 2023, according to a...
-
House Appropriations Committee Publishes FY 2024 Community Project Funding Requests
In an effort to improve transparency around the appropriations process, the House Appropriations Committee recently centralized a list of Fiscal Year...
-
Debt Ceiling Must Be Raised As Soon As Possible
Treasury Secretary Janet Yellen sent a letter to Congressional leadership today estimating the debt limit could be breached as soon as June 1 absent...
-
Maya MacGuineas on Fox News' "Sunday Night in America"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Fox News' "Sunday Night in America" with Trey Gowdy to discuss...
-
Maya MacGuineas on MSNBC's "The Sunday Show"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined MSNBC's "The Sunday Show" with Jonathan Capehart to discuss the...