Committee for a Responsible Federal Budget

Budgets & Projections

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How Much Would the President's Budget Extend Medicare Solvency?

The Medicare Hospital Insurance (HI) trust fund is only five years from insolvency according to both the Congressional Budget Office (CBO) and the...

CBO Reports $2.1 Trillion Deficit for First Eight Months of FY 2021

For Immediate Release The United States borrowed nearly $2.1 trillion in the first eight months of fiscal year 2021, according to the latest Monthly...

Maya MacGuineas: Biden's Budget Reflects His Priorities, but Leaves Debt Unchecked

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...

Breaking Down the Proposals in the President's FY 2022 Budget

Last week, the Biden Administration released its first full budget , laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade...

Partial Student Debt Cancellation is Poor Economic Stimulus

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and...

President Biden's Full FY 2022 Budget

The Biden Administration today released its first full budget , laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The...

An Overview of the President’s FY 2022 Budget

Moments ago, President Joe Biden unveiled his Fiscal Year (FY) 2022 budget proposal , outlining his tax and spending proposals and their effects on...

President's Budget Does Little to Address High and Rising Debt

For Immediate Release President Biden just released his Fiscal Year (FY) 2022 budget, the first full budget of his presidency, which lays out his tax...

What We Hope to See in the President's FY 2022 Budget

The White House is slated to release President Biden’s first full budget proposal this Friday. Although the Fiscal Year (FY) 2022 budget request will...