Budgets & Projections

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The Republican Study Committee's FY 2020 Budget: Preserving American Freedom

The Republican Study Committee (RSC) has released its own budget proposal for Fiscal Year (FY) 2020, calling for $10.7 trillion in deficit reduction...

President's Budget Gets Serious About Cutting Waste, Fraud, and Abuse

Update: the tables in this post have been updated with estimates from CBO's analysis of the President's FY 2020 budget. CBO does not provide specific...

CBO Report Shows Debt Headed Toward Uncharted Waters

For Immediate Release The Congressional Budget Office (CBO) released updates to its budget projections this afternoon. Under current law, CBO...

CBO's Updated Baseline Shows Grim Outlook

Today, the Congressional Budget Office (CBO) released its updated budget projections. The projections are relatively similar to January and...

Letter to Congress to Abide By PAYGO

Below is a letter from CRFB President Maya MacGuineas to all Members of Congress asking them to offset the costs of all new initiatives....

Watch: Unpacking the Social Security Trustees' Report

The Committee for a Responsible Federal Budget hosted a lunch and panel discussion today on Unpacking the Social Security Trustees' Report. You can...

GAO: "Federal Government Is on an Unsustainable Fiscal Path"

The Government Accountability Office (GAO) recently released its long-term budget projections, and, like other forecasts, it projects that debt will...

Why Should We Worry About the National Debt: Questions and Answers

“Why Should We Worry About the National Debt?” describes six important ways that the growing national debt will affect the budget and the economy....

Why Should We Worry About the National Debt?

Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two...