Latest
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CBO Releases 2020 Long-Term Budget Outlook
Read moreThe Congressional Budget Office (CBO) just released its 2020 Long-Term Budget Outlook, showing the federal budget is on an unsustainable long-term...
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The Long-Term Debt Outlook is Unsustainable
Read moreFor Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns that our current high levels of...
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Maya MacGuineas Joins ABC News Live to Discuss Payroll Tax Deferral
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on ABC News Live. She joined the show to discuss the payroll...
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Better Budget Process Initiative: Automatic CRs Can Improve the Appropriations Process
Read moreA government shutdown could occur at the end of this month. This year’s appropriations process is at a standstill, and disagreement over further...
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COVID Relief Includes $360 Billion of State and Local Aid
Read moreThis analysis has been updated based on new information. As of October 15, we estimate roughly $280 billion of allowed federal aid to state and local...
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Congress Must Reach Quick, Reasonable Funding Deal
Read moreFor Immediate Release With government funding set to expire at the end of this month, lawmakers are negotiating to avert a potential shutdown in the...
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CBO Projects Major Trust Fund Exhaustions on the Horizon
Read moreA number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...
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$2.2 of $4 Trillion in Fiscal Relief is Out the Door
Read moreWe update our interactive COVID Money Tracker tool every week to reflect new COVID relief spending and estimates. This week's updates are particularly...
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Comparing President Trump’s Record to His 2016 Agenda
Read moreDuring the 2016 campaign, US Budget Watch estimated that then-candidate Donald Trump’s proposed agenda would add $4.6 trillion to budget deficits...
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CBO Reports $198 Billion Deficit for August, Pushing FY 2020 Total to $3 Trillion
Read moreFor Immediate Release The United States' budget deficit for the month of August was $198 billion, according to the Congressional Budget Office. The...
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Analysis of CBO’s September 2020 Budget Outlook
Read moreToday, the Congressional Budget Office (CBO) released its updated budget outlook – the first to incorporate the effects of the COVID-19 public health...
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CBO Projects Debt Will Reach New Record
Read moreThe Congressional Budget Office (CBO) just released its updated Budget Outlook, showing that the COVID-19 public health and economic crisis has...