Budgets & Projections

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Moody's: Widening Deficit Foreshadows Decline in U.S. Fiscal Strength

With last year's deficit growing to $779 billion, Moody's Investors Service yesterday warned that the country's fiscal position is on a "gradual...

Are Defense and Disasters Causing the Deficit Increase?

When asked about the increasing deficit, President Trump yesterday pointed to defense spending increases and disaster relief. While both of...

Riedl Proposes Debt Reduction Plan

Brian Riedl, a senior fellow at the Manhattan Institute, recently released a budget plan to stabilize debt over the long term. The plan proposes...

Treasury: 2018 Deficit was $779 Billion

The Treasury Department today released a fiscal year-end report showing that the deficit for FY 2018 increased to $779 billion, a $113...

FY 2018 Deficit Was $779 Billion

For Immediate Release The Treasury Department today released a report showing the official fiscal year 2018 deficit was $779 billion, an increase of...

Chartbook: Budgeting for the Next Generation

This chartbook corresponds to our project "Budgeting for the Next Generation"   

CBO Shows $782 Billion Deficit for FY 2018

Late last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...

A Fiscal Year Defined by $2.4 Trillion In New Debt

Typically, we mark the end of the fiscal year, which will occur on Monday, by reviewing important numbers for the previous fiscal year. This year,...

The Progressive Caucus FY 2019 "People's Budget"

The Congressional Progressive Caucus (CPC) released its “The People’s Budget: A Roadmap for the Resistance” for Fiscal Year (FY) 2019, which calls...