Committee for a Responsible Federal Budget

Budgets & Projections

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Committee Sends Congress a Briefing Book on the Budget

The Committee for a Responsible Federal Budget recently shared our updated " Briefing Book for a Fiscally Responsible 117 th Congress " with...

President Biden's FY 2022 Discretionary Budget

Today, the Biden Administration released an abridged version of the President’s budget . This partial budget details proposed allocations and plans...

CBO Reports $658 Billion Deficit for March

For Immediate Release The United States’ budget deficit for March totaled $658 billion, according to the Congressional Budget Office (CBO). It is the...

The Case for Trust Fund Solutions

Some of the nation’s most important government programs are financed with dedicated revenue sources using federal trust funds. Four of those programs...

New Budget Projections Show Record Deficits and Debt

Now that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching...

American Rescue Plan Could Set Stage for $4 Trillion of Debt

The American Rescue Plan Act is estimated to cost over $1.9 trillion through 2031, but the ultimate price tag could be twice as high if some of the...

Analysis of CBO's March 2021 Long-Term Budget Outlook

Today, the Congressional Budget Office (CBO) released its March 2021 Long-Term Budget Outlook , confirming that the federal budget is on an...

Economic Recovery is Behind Stable Near-Term Debt

While the Congressional Budget Office's latest budget outlook shows debt being larger than the size of the economy for the foreseeable future and...

Pell Program Faces Funding Cliff in 2026

The Congressional Budget Office projects the Pell program will deplete its reserve fund by 2026 and face cumulative deficits of $18 billion by 2031...