Committee for a Responsible Federal Budget

Budgets & Projections

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Policymakers Must Not Ignore the Long-Term Debt Outlook

For Immediate Release Today, Larry Summers and Jason Furman released a new working paper, A Reconsideration of Fiscal Policy in the Era of Low...

CBO Confirms Debt Exceeded 100% of GDP for FY 2020

For Immediate Release The Congressional Budget Office today released an end-of-year summary report for fiscal year 2020 , which confirms that the...

Maya MacGuineas: The national debt still matters, despite low interest rates

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...

A Closer Look at the Record $3.1 Trillion Deficit in FY 2020

The Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2020, showing a record $3.1 trillion deficit for the year...

Maya MacGuineas: Trump and Biden must answer critical budget questions

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...

Problem Solvers Release Budget Principles

Earlier this week, the Congressional Problem Solvers Caucus , a bipartisan group of pragmatic representatives led by Reps. Josh Gottheimer (D-NJ) and...

Committee for a Responsible Federal Budget Commends Problem Solvers Caucus Budget Principles

The bipartisan Problem Solvers Caucus has approved a set of principles for addressing the national debt once we have moved past the immediate health...

Treasury Shows Record Borrowing

The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...

The National Debt is Now Larger than the Economy

The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record $3.1 trillion in...