Net interest on the national debt, the fastest growing part of the budget, is projected to more than double from $970 billion in Fiscal Year (FY) 2025 to $2.1 trillion by FY 2036 under ...
President Trump will deliver the State of the Union address this evening before a joint session of Congress. The occasion offers the President the opportunity to establish his policy agenda for the ...
First, CRFB has repeatedly touted the fiscal effects of tariffs, pointing out that they have been generating meaningful new revenue – and this soaring revenue has been one bright spot in an otherwise ...
The Congressional Budget Office (CBO) released its February 2026 Budget and Economic Outlook today, updating its ...
Under that scenario, deficits would total 7.3% of GDP over the FY 2026 to 2036 period – including 8.1% of GDP in 2036 – and ...
The Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year ...
The Supreme Court has upheld lower court decisions in striking down a wide swath of President Trump’s tariffs on grounds that he exceeded his legal authority in imposing them.
The Congressional Budget Office (CBO) released its Budget and Economic Outlook today. CBO projects that debt held by the public will surpass its record as a share of the economy in 2030 – just four ...
Funding for the Department of Homeland Security (DHS) will expire at midnight tonight. Absent a last-minute agreement to fund DHS today, it will commence a shutdown on Monday. The other 11 ...
Maya MacGuineas is president of the Committee for a Responsible Federal Budget. She recently wrote an opinion piece for the Dallas Morning News, an excerpt of which is below.
On February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026 Congressional Budget Office (CBO) baseline.
Over the coming decade, the vast majority of growth in federal government spending will come from just four parts of the federal budget: Social Security, health care, mandatory veterans’ programs, ...
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