The Congressional Budget Office recently released a report analyzing the accuracy of their budget projections. The agency ...

This technical note explains how we adjust the Congressional Budget Office (CBO) ten-year budget baseline issued in January 2025 to create our CBPP baseline, which we use in our analyses of ...

Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.

The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...

Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

Lawmakers haven’t even started talking about this problem, much less grappling with it realistically. The Congressional ...

The national debt continues to rise at a breakneck pace, with Americans bearing a greater and greater debt burden.

Extrapolating these forecasts for an additional year and combining them with CBO’s baseline forecasts, adds $4.5 trillion to deficits over the next decade, raising the fiscal 2035 deficit to $3. ...

President Donald Trump wasted no time in getting to work on his first day in office with a range of executive orders, but the ...