Committee for a Responsible Federal Budget

Debt & Deficits

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The Committee for a Responsible Federal Budget Hails Responsible Economic Leadership

A bipartisan group of 60 members of Congress – led by Reps. Scott Peters (D-CA) and Jodey Arrington (R-TX) – issued a letter today supporting...

Eugene Steuerle: This is not your grandfather's debt problem

Now that the covid-19 crisis has produced predictions that we soon will reach a debt-to-GDP ratio previously seen only once before — during...

Maya MacGuineas Joins Fox Business to Discuss Federal Debt Projections

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on Mornings with Maria on Fox Business.

Is the Fed Buying Our New Debt?

So far, the legislative response to the COVID-19 pandemic has injected around $1.5 trillion of fiscal support into the economy. In combination...

Treasury Will Borrow $3 Trillion in Just Three Months

The Department of the Treasury yesterday estimated that the second quarter of 2020 will see a record-breaking $3 trillion in borrowing, as the...

Maya MacGuineas Joins C-SPAN to Discuss Coronavirus and Federal Debt

Committee for a Responsible Federal Budget President Maya MacGuineas recently appeared on C-SPAN's Washington Journal.

CBO Updates Budget Projections In Wake of COVID-19

Today, the Congressional Budget Office (CBO) released a blog post outlining its latest projections of near-term federal debt and deficits in the wake...
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Debt Rises $1 Trillion Over One Month

The national debt has grown by more than $1 trillion over the past month, from $17.5 trillion on March 17th to $18.5 trillion on April 17th....

Budget Projections: Debt Will Exceed the Size of the Economy This Year

The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.
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CBO's Estimate of Proposals in the President's FY 2021 Budget

The Congressional Budget Office (CBO) has released its estimate

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