Budgets & Projections

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We Updated the Debt Fixer and Released Results Showing Americans Can Fix the Debt

We have updated our popular Debt Fixer interactive budget tool, just as Congress faces another deadline to keep the government funded and avoid a...

Americans Show They Can Make Tough Federal Budget Decisions and Reduce National Debt

The national debt currently is the highest it has been as a share of the economy since just after World War II, and it is rising rapidly. This high...

Eugene Steuerle: Congress is supposed to decide how the U.S. spends money. Soon, it won’t be able to.

Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...

After the 2020 Election, Fiscal Challenges Await

The winner of the 2020 presidential election will begin his or her term facing a daunting fiscal situation. High deficits and debt, depleting trust...

Tim Penny & David Minge: Debating 2020 Democrats should not ignore our exploding debt

Tim Penny is co-chair and David Minge is a board member of the Committee for a Responsible Federal Budget. Both are former representatives from the...

Debt Could Reach Record Levels by 2030

The Congressional Budget Office's (CBO) latest budget projections point to high and rising debt under current law, but the situation is far worse if...

New House Members Stress Importance of PAYGO

A group of ten new Democratic members of the House of Representatives sent a letter to House committee chairs on Wednesday urging them to better...

Analysis of CBO’s Updated Budget and Economic Outlook (August 2019)

Today, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook, showing that the national debt is on an unsustainable...

New CBO Budget Projections Show Toll of Budget-Busting Legislation

The Congressional Budget Office (CBO) just released its latest baseline, projecting high and rising debt made worse by recent legislation. CBO...