Budgets & Projections

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Analysis of CBO’s April 2018 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its ten-year budget and economic outlook today, showing that recent legislation has made an already...

New From CBO: Trillion-Dollar Deficits Will Return In Two Years

The Congressional Budget Office (CBO) just released its latest baseline projections – the first since last June and the first to incorporate the...

Baseline 101: Anticipating CBO's Updated Budget Outlook

The Congressional Budget Office (CBO) will release its 2018 Budget and Economic Outlook on April 9, which is likely to project sustained trillion-...

Omnibus Spends $110 Billion Above New Budget Caps

Last week's omnibus spending bill enacted a 13 percent increase in base appropriations, spending virtually all of the additional $143 billion allowed...

Chartbook: America's Deteriorating Budget Outlook

Below is a chartbook on America's deteriorating budget outlook.  

Where Does the Higher Spending in the Omnibus Go?

Policymakers recently announced an omnibus appropriations bill to fund the government for the remaining six months of Fiscal Year 2018. The bill...

Spending Deal Sets Dangerous Precedent

For Immediate Release Congressional leaders unveiled late Wednesday a bipartisan spending agreement to fund the government through the remainder of...

Rising Rates Could Further Balloon Interest Spending

The Federal Open Market Committee just announced its decision to further raise the federal funds rate by 0.25 percentage points to 1.5-1.75 percent....

Maya MacGuineas: America's Debt Crisis is Coming – Interest Payments Will Hit a Trillion Dollars a Year

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...