Budgets & Projections
Latest
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12-Month Deficit Totals $1.7 Trillion, Debt Approaches 100% of GDP
Read moreThe federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the Congressional Budget Office...
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“Clean CR” Would Forgive $3.4 Trillion in Debt
Read moreCongress is voting this week on a Continuing Resolution-Minibus appropriations bill. The package would extend temporary funding for nine...
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Maya MacGuineas on Fox Business' "Mornings With Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business' "Mornings With Maria" to discuss the ongoing...
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Maya MacGuineas: America's fiscal crisis is worsening. Everyone should take note.
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for MSNBC, an excerpt of which is...
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Tariff Repeal Needs Replacement to Avoid More Borrowing
Read moreThe Senate may soon vote on resolutions to repeal the national emergencies that the Trump Administration has utilized to put in place significant...
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Gross National Debt Reaches $38 Trillion
Read moreThe gross national debt of the United States reached $38 trillion yesterday, according to the U.S. Treasury. This comes little more than two months...
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Treasury Confirms $1.8 Trillion Deficit in FY 2025
Read moreThe United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department...
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Trump CEA Projections Tracker
Read moreBefore the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...
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CBO Estimates 2025 Deficit Totaled $1.8 Trillion
Read moreThe federal budget deficit totaled $1.8 trillion in Fiscal Year (FY) 2025, based on estimates from the Congressional Budget Office (CBO), roughly...
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Maya MacGuineas and John Kasich Discuss the National Debt
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently joined John Kasich, former Congressman and Governor of Ohio and a member...
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Reopen the Government Without Adding More Debt
Read moreThe federal government has been operating under a shutdown since the beginning of the month. Although the government continues many of its core...
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CBO Estimates $1.8 Trillion Deficit for Fiscal Year 2025
Read moreToday, the Congressional Budget Office (CBO) released its estimate of the Fiscal Year (FY) 2025 budget deficit in its Monthly Budget Review...