Committee for a Responsible Federal Budget

Press Releases |

Jul 9, 2021 | Budgets & Projections

CBO Reports $173 Billion Deficit for June

For Immediate Release The United States borrowed over $2.2 trillion in the first nine months of fiscal year 2021, including $173 billion in June,...
Jul 1, 2021 | Budgets & Projections

CBO Projects Debt to Reach Record Levels

For Immediate Release The Congressional Budget Office (CBO) released its Updated Budget and Economic Outlook for the next decade, projecting the...
Jun 22, 2021 | Budget Process

Reconciliation Should Not Add to the Debt

For Immediate Release Recent reports suggest the Senate Budget Committee is considering a budget that would call for $6 trillion in new...
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Jun 14, 2021 | Budgets & Projections

Congress Should Pass a Budget, Not Deem Huge Spending Increases

For Immediate Release Recent press reports indicate that the House of Representatives may vote on a “deeming resolution” as soon as this...
Jun 11, 2021 | Other Spending

Committee is Encouraged by Discussions of Offsets

For Immediate Release A bipartisan group of senators appears to be close to reaching an infrastructure spending deal that would be fully...
Jun 8, 2021 | Budgets & Projections

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...
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May 28, 2021 | Budgets & Projections

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...
May 24, 2021 | Other Spending

Congress Should Pay For the U.S. Innovation and Competition Act

For Immediate Release The Senate is continuing to work on the United States Innovation and Competition Act of 2021 this week, a bill aimed at...
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May 13, 2021 | Budgets & Projections

Introducing ‘Budgeting for the Future’

For Immediate Release The Committee launches new suite of online games to educate and crowdsource views on federal budget priorities A majority of...
May 10, 2021 | Budgets & Projections

CBO Reports $225 Billion Deficit for April

For Immediate Release The Federal government ran a budget deficit of $225 billion in April, according to the Congressional Budget Office (CBO),...