Budgets & Projections
Latest
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House Passes Deficit-Reducing Health Bill
Read moreThe House passed the Lower Health Care Premiums for All Americans Act. The bill – one of more than a dozen plans released in recent weeks ahead of the...
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Trillion-Dollar Interest Payments Are the New Norm
Read moreAs the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of Fiscal Year (FY) 2025 –...
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Washington Should Commit to No New Debt in 2026
Read morePolicymakers have approved $1.5 trillion in net new ten-year borrowing in 2025, according to the Committee for a Responsible Federal Budget’s Debt...
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Maya MacGuineas Joins Fireside Chat at American Growth Summit
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently sat down with National Interest Editor at Large Steve Clemons for a...
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Senate to Vote on Two Health Care Bills
Read moreThe Senate is expected to vote soon on two health care bills ahead of the expiration of the enhanced Affordable Care Act (ACA) subsidies at the end of...
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Debt-Financing Farm Aid is the Wrong Approach
Read moreThe Trump Administration announced a $12 billion package of aid to farmers yesterday in response to trade disruptions caused by the Administration’s...
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12-Month Rolling Deficit is $1.6 Trillion in November 2025
Read moreThe federal government has borrowed $1.6 trillion over the past 12 months based on new estimates from the Congressional Budget Office (CBO). In...
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CBO Estimates $439 Billion Deficit for First Two Months of FY 2026
Read moreThe United States borrowed $439 billion in the first two months of Fiscal Year (FY) 2026 according to the latest Monthly Budget Review from the...
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Senate ACA Proposal Would Add Nearly $300 Billion to Deficits
Read moreUpdate 12/10/2025: In place of the proposal described below, the Senate is now expected to vote on a clean three-year extension of the enhanced...
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CBO’s New Projections Show $1 Trillion Less in Tariff Savings
Read moreUpdated projections from the Congressional Budget Office (CBO) show that tariffs enacted this year will reduce debt (including interest) by $3.0...
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CRFB Reacts to End of America’s Longest Shutdown
Read moreThe House is preparing to vote on a Continuing Resolution-Minibus appropriations bill that passed the Senate on Monday. The bill, if passed and signed...
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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...