Debt & Deficits

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CBO: Debt-to-GDP Will Double in Three Decades

CBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried...

Analysis of CBO’s January 2019 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...
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CBO Budget Projections Show Bleak Outlook

The Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...
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Our Top Fiscal Charts of 2018

The year 2018 was a busy time for budget policy, which gave us plenty of opportunities for analysis via tables and graphs. We published over 250...

Maya MacGuineas's Testimony on the Perils of Ignoring Debt

On December 20, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Financial Services Committee on...
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Maya MacGuineas Testifies Before House Financial Services Committee

CRFB president Maya MacGuineas testified before the House Financial Services Committee on Thursday, December 20. The hearing, entitled "The Peril of...
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The Deficit Has Never Been This High When the Economy Was This Strong

This year, the budget deficit is projected to total about $970 billion – 4.6 percent of GDP – up from $666 billion (3.5 percent of GDP) in...
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How Much Does the Government Really Owe?

When analyzing the fiscal health of the country, we often focus on federal government debt held by the public. Data published by USAFacts allows us...

Maya MacGuineas: Massive Deficit Was Totally Predictable & Self-Imposed

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 ...
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Moody's: Widening Deficit Foreshadows Decline in U.S. Fiscal Strength

With last year's deficit growing to $779 billion, Moody's Investors Service yesterday warned that the country's fiscal position is on a "gradual...

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