Papers
View our recurring reports, which summarize and analyze the most important regular federal budget releases and reports.

The FY 2018 House Budget and Budget Gimmicks
The House Budget Committee recently passed a Fiscal Year (FY) 2018 budget resolution that proposes a path to a balanced budget after ten years...

A Mini-Bargain to Improve the Budget
A new version of this paper exists that was updated to include savings for disaster relief. The national debt is currently at its highest share of the...

Response to Chairman Hatch’s Call for Feedback on Tax Reform
Below is a statement from CRFB submitted to the Senate Finance Committee in response to Chairman Orrin Hatch's request for feedback on potential tax...

Analysis of the 2017 Social Security Trustees Report
The Social Security and Medicare Trustees today released their annual reports on the financial status of the two programs. The projections show that...

CBO’s Analysis of the President’s FY 2018 Budget
The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2018 budget, using its own assumptions to evaluate the...

Analysis of CBO’s Updated Budget and Economic Outlook (June 2017)
The Congressional Budget Office (CBO) released updated budget and economic projections today, continuing to show an unsustainable picture of debt over...

All the President's Budget Gimmicks
The Trump Administration recently released its full Fiscal Year (FY) 2018 budget proposal, which details the President’s policies for federal spending...

President Trump’s Full FY 2018 Budget
The President released the full version of his first budget yesterday, laying out his proposals for Fiscal Year (FY) 2018 and the following decade...

Re-Estimating the President’s Budget with Reasonable Economic Assumptions
Today, the President released his full Fiscal Year (FY) 2018 budget proposal. The Administration finds that its policies would balance the budget by...

What We'd Like to See in President Trump's Full FY 2018 Budget
After releasing its “skinny budget” in March, the Trump Administration is slated to release its full budget request outlining the President’s...

Written Testimony: How Tax Reform Will Grow Our Economy and Create Jobs Across America
Below is a statement from CRFB submitted for the record to the House Ways & Means Committee for a hearing on: “How Tax Reform Will Grow Our Economy...

How Fast Can America Grow?
Official projections show real economic growth will average less than 2 percent annually over the next decade. However, some policymakers have...