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Thought Leaders Urge Establishment of Fiscal Commission
Today, an ideologically diverse group of thought leaders are issuing a letter calling for the establishment of a bipartisan fiscal commission. The...
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Treasury Reports $1.5 Trillion Deficit For First 11 Months of Fiscal Year
The United States borrowed $1.5 trillion in the first eleven months of fiscal year 2023, including an $89 billion surplus in August due to the...
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The Deficit Was $2.0 Trillion Over the Past Year
The federal budget deficit totaled $2.0 trillion over the past 12 months, $310 billion below last month's $2.3 trillion estimate. This reduction can...
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CBO Estimates $1.5 Trillion Deficit For First 11 Months of Fiscal Year
In the first eleven months of fiscal year 2023, the United States borrowed $1.5 trillion, with a $90 billion surplus in August due to the reversal of...
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Donald Trump’s Universal Baseline Tariff
Former President and current Republican presidential candidate Donald Trump recently suggested implementing a baseline tariff of 10 percent on all U.S...
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Congress Should Avoid Shutdown Without Further Debt Increases
There are just a few weeks left to avoid a government shutdown. Without either a continuing resolution or appropriations bills for Fiscal Year 2024...
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Government Shutdowns Q&A: Everything You Should Know
This paper has been updated here. The new fiscal year (FY) begins on October 1, 2023, and Congress has so far enacted none of the 12 appropriations...
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Maya MacGuineas on Bloomberg TV's "Balance of Power"
Committee president Maya MacGuineas recently joined Bloomberg's "Balance of Power" with Annmarie Hordern and Joe Mathieu to discuss the chances of a...
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Budget Experts’ Prediction of a Government Shutdown
We expect there will be an awful lot of talk about a government shutdown in the coming weeks and months, so we decided to create a highly unscientific...
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Fact-Checking the First 2024 GOP Primary Debate
In the first Republican primary debate of the 2024 presidential election cycle, candidates made a number of claims relating to fiscal policy, the...
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Chartbook: Fiscal Challenges Facing the Next Administration
On August 23, Marc Goldwein, senior vice president and senior policy director of the Committee for a Responsible Federal Budget, gave a presentation...
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Principles for a Fiscally Responsible Campaign
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget designed to educate the public on the fiscal impact of...