Committee for a Responsible Federal Budget

Budgets & Projections

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Treasury Will Borrow $3 Trillion in Just Three Months

The Department of the Treasury yesterday estimated that the second quarter of 2020 will see a record-breaking $3 trillion in borrowing, as the...

Maya MacGuineas Joins C-SPAN to Discuss Coronavirus and Federal Debt

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on C-SPAN's Washington Journal . She discussed fiscal measures...

CBO Updates Budget Projections In Wake of COVID-19

Today, the Congressional Budget Office (CBO) released a blog post outlining its latest projections of near-term federal debt and deficits in the wake...

Webinar & Chartbook: Unpacking the Next Phase of COVID-19 Relief

The Senate earlier this week passed the Paycheck Protection Program and Health Care Enhancement Act – the fourth piece of legislation aimed at...

Debt Rises $1 Trillion Over One Month

The national debt has grown by more than $1 trillion over the past month, from $17.5 trillion on March 17th to $18.5 trillion on April 17th. Debt...

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...