Committee for a Responsible Federal Budget

Budgets & Projections

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Budget Projections: Debt Will Exceed the Size of the Economy This Year

The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits. Due to the effects...

CBO's Estimate of Proposals in the President's FY 2021 Budget

The Congressional Budget Office (CBO) has released its estimate of the President's Fiscal Year (FY) 2021 budget using its own assumptions to evaluate...

CBO’s Analysis of the President’s FY 2021 Budget

Today, the Congressional Budget Office (CBO) released its analysis of the President’s Fiscal Year (FY) 2021 budget using its own assumptions to...

CBO Releases Its Own Estimate of the President's FY 2021 Budget

The Congressional Budget Office (CBO) just released its estimate of the President’s Fiscal Year (FY 2021) budget. CBO’s analysis shows that debt and...

CBO Updates Budget Projections Before Coronavirus Impact

Today, the Congressional Budget Office (CBO) released its updated budget projections , showing the national debt is on an unsustainable path. Under...

New CBO Baseline Reaffirms Challenge of Coronavirus Response

The Congressional Budget Office (CBO) today released its updated budget projections. Although the new baseline doesn’t incorporate the anticipated...

How Much Would Sending People Checks Cost?

Experts and lawmakers are considering numerous options to help support the economy during the COVID-19 crisis. Last week, we estimated that fiscal...

Monthly Deficit Hits New Record

For Immediate Release The United States ran a record-high budget deficit in February 2020. According to the Monthly Treasury Statement released today...

Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year , and new initiatives are being proposed...