Budgets & Projections

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Mid-Session Review Shows How Much Worse the Deficit Has Gotten in the Past Year

The Office of Management and Budget (OMB) released the Mid-Session Review (MSR) last week, updating the President's FY 2019 budget projections...

Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?

Chairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...

Policymakers Should Support Deficit Reduction in Financial Services Spending Bill

For Immediate Release The House is expected to vote this week on a minibus appropriations bill that includes the Financial Services and General...

New White House Report Shows Deficit Projections Have Doubled

For Immediate Release The White House Office of Management and Budget released its annual mid-session review Friday, updating deficit projections in...

Budget Process Changes in the FY 2019 House Budget

The Fiscal Year 2019 House budget resolution contains a number of interesting budget process proposals. The budget passed out of committee last month...

The Deficit Is Not "Coming Down Rapidly"

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...

Congress Should Vote on the Budget

For Immediate Release The House Budget Committee passed a budget resolution last week, but lawmakers have not indicated when or if it will come to a...

CBO's 2018 Long-Term Budget Outlook

The Congressional Budget Office (CBO) released its 2018 Long-Term Budget Outlook today, reiterating the budget’s unsustainable long-term trajectory....

CBO Releases 2018 Long-Term Outlook

The Congressional Budget Office (CBO) just released its annual Long-Term Budget Outlook, which shows the United States is on an unsustainable fiscal...