Budgets & Projections

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Co-Chairs Daniels, Panetta, & Penny Statement on Budget Agreement

For Immediate Release Committee for a Responsible Federal Budget Co-Chairs Governor Mitch Daniels, Secretary Leon Panetta, and Congressman Tim Penny...

Five Reasons to Oppose the Budget Deal

Congressional leaders and the President announced a proposed budget deal yesterday to raise the caps on discretionary spending for Fiscal Years (FY)...

Proposed Budget Agreement Could Cost $1.7 Trillion

Update: A Congressional Budget Office (CBO) score of the deal shows that the offsets are $55 billion rather than $77 billion as reported in the press...

Policymakers Should Offset, or Reset, the Budget Deal

According to news reports, the White House recently sent Congressional leaders nearly $600 billion of potential budget savings options, requesting...

Maya MacGuineas: No budget. On the brink of default. It's a hell of a way to run a country.

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...

CBO's Long-Term Debt Outlook Improved Slightly from Last Year, Here's Why

In its latest Long-Term Budget Outlook, the Congressional Budget Office (CBO) projects debt held by the public will rise from over 78 percent of...

Gene Steuerle: Alice Rivlin: The George Washington of the Congressional Budget Office

Dr. Eugene (Gene) Steuerle is an Institute fellow and the Richard B. Fisher chair at the Urban Institute and a member of the Committee for a...

Saving Social Security and Medicare Could Help Fix the Debt

The Congressional Budget Office's (CBO) Long-Term Budget Outlook shows debt rising continuously as a share of the economy over the next 30 years and...

Senate Should Pass Budget Plan Before Defense Authorization

For Immediate Release The U.S. Senate is scheduled to vote Thursday on the National Defense Authorization Act (NDAA) for Fiscal Year 2020 to...