Budgets & Projections

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The Decade in the Federal Budget

When it comes to fiscal policy, the 2010s have been quite a rollercoaster. Below, we’ve identified a few major budgetary trends and patterns of the...

Policymakers Added $2.2 Trillion to the Debt in 2019

With Congress finishing up appropriations for Fiscal Year (FY) 2020, including additional provisions that will add $500 billion in debt over the next...

Mike Murphy: Unlike Politicians in D.C., Some Are Willing to Work Together

Mike Murphy is the Chief of Staff and Director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an op-ed...

Maya MacGuineas: Will the Federal Government's Nonstop Spending Binge Continue?

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

Year-End Tax Cuts Would Add $470 Billion to the Debt

For Immediate Release  Press reports suggest lawmakers are negotiating a deal to combine year-end funding bills with a series of large tax cuts...

OECD: U.S. Has the Highest Deficit

The United States had the highest deficit in 2018 among Organisation for Economic Co-operation and Development (OECD) countries...

Budget Offsets Bank

The federal debt is at a post-war record high, deficits are set to exceed the trillion-dollar mark this year, and new initiatives are being proposed...

Burchett, Case, and Womack Introduce RAFT Act

One way to begin addressing our unsustainable fiscal situation is to set fiscal goals, which could come in the form of debt targets. A new...

Washington Must Avoid Budget-Busting Christmas Tree Legislation

For Immediate Release  Back from Thanksgiving recess, Congress now has less than three weeks to fund the government before the current...