Budgets & Projections
Latest
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CBO Projects Social Security Nearing Insolvency
Read moreSocial Security’s retirement trust fund will be insolvent by mid-2032, according to the latest projections from the Congressional Budget Office (CBO)... -
CRS: Congress has excluded $17 trillion from Statutory PAYGO Enforcement
Read moreCongress has excluded or erased over $12 trillion in deficit-increasing provisions from the five-year Pay-As-You-Go (PAYGO) scorecard and over $17... -
5% Interest Rates Are a Troubling Sign of the Road Ahead
Read moreThe interest rate on the ten-year Treasury note topped 5 percent today for the first time since 2023 and – outside of 2023 – the first time since 2007... -
Maya MacGuineas Discusses Trump Dividend on Bloomberg TV
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Bloomberg TV's "Balance of Power" with host Kailey Leinz to... -
$5,000 Dividends Would Cost $1.2 Trillion
Read moreLast night, President Trump promised to issue a $5,000 “dividend” to every adult citizen in the United States should his party retain unified control... -
10-Year Treasury Yield Hit 4.8%, Highest Since 2023
Read moreInterest rates are on the rise across the yield curve. The 10-year Treasury note closed at a high yield of 4.8%, a level not seen in nearly three... -
12-Month Rolling Deficit is $1.8 Trillion in August 2026
Read moreThe federal government borrowed $1.8 trillion over the past 12 months according to new estimates from the Congressional Budget Office (CBO). CBO... -
CBO Estimates $2.0 Trillion Deficit for First 11 Months of FY 2026
Read moreThe United States borrowed $2.0 trillion in the first eleven months of Fiscal Year (FY) 2026, including $168 billion in August, according to the... -
What's in the Senate's FY 2027 Budget Resolution?
Read moreThe Senate Budget Committee released its fiscal year (FY) 2027 budget resolution earlier this month. Most significantly, the resolution would... -
Seven Ideas to Help the Administration Achieve Fiscal Consolidation
Read moreTreasury Secretary Scott Bessent last week said the Trump Administration will announce an “increased focus on fiscal consolidation,” including a slate... -
Q&A: Gross Debt Versus Debt Held by the Public
Read moreOn August 18, 2026, the gross national debt exceeded $40 trillion for the first time. This mark serves as an important reminder of the nation's... -
Gross National Debt Reaches $40 Trillion
Read moreThe gross national debt of the United States officially reached $40 trillion for the first time yesterday, according to the U.S. Treasury. The gross...