Committee for a Responsible Federal Budget

Budgets & Projections

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Five Reasons to Pay for New Investments

Congress and the Administration are currently negotiating and developing legislation to invest in physical infrastructure, education, and other areas...

True Cost of Budget Plan Could Exceed $5 Trillion

The Senate may soon move forward on reconciliation instructions to allow for the enactment of $3.5 trillion in new spending and tax breaks (on top of...

Fully Paid for Must Mean Fully Paid For

For Immediate Release Senate Budget Committee Democrats have apparently reached an agreement to pursue $3.5 trillion of new spending and tax breaks...

CBO Reports $173 Billion Deficit for June

For Immediate Release The United States borrowed over $2.2 trillion in the first nine months of fiscal year 2021, including $173 billion in June,...

Analysis of CBO's July 2021 Budget and Economic Outlook

Today, the Congressional Budget Office (CBO) released initial details of its updated Budget and Economic Outlook , accounting for enactment of the...

CBO Releases July 2021 Budget and Economic Outlook

The Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook , accounting for enactment of the American Rescue Plan...

CBO Projects Debt to Reach Record Levels

For Immediate Release The Congressional Budget Office (CBO) released its Updated Budget and Economic Outlook for the next decade, projecting the...

Kerrey and Danforth Sound the Alarm on Long-Term Debt

Former Senators Bob Kerrey (D-NE) and John C. Danforth (R-MO) recently published an op-ed in the Wall Street Journal highlighting the need to address...

There Are Plenty of Offsets for Infrastructure Package

A bipartisan group of senators has apparently reached agreement on a plan with $579 billion of new infrastructure spending . Meanwhile, President Joe...