Committee for a Responsible Federal Budget

Debt & Deficits

Senator Lummis Introduces Sustainable Budget Act

Senator Cynthia Lummis (R-WY) recently 
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Kinzinger and Phillips Call for a Bipartisan Commission to Address the Deficit

Representatives Adam Kinzinger (R-IL) and Dean Phillips (D-MN) recently

GAO Releases Long-Term Budget Outlook

The Government Accountability Office (GAO) recently published its latest report o
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Committee Sends Congress a Briefing Book on the Budget

The Committee for a Responsible Federal Budget recently shared our updated "

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...

How High Are Federal Interest Payments?

This year, the federal government will spend $300 billion on interest payments on the national debt.
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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...

CBO Releases New Long-Term Budget Projections

The Congressional Budget Office (CBO) released a new set of long-term budget projections&n

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