CBO/JCT

POTUS Budget

Debt Would Rise, Not Fall, Under the President’s Budget

The President’s budget estimates it would reduce debt to 71 percent of Gross Domestic Product (GDP) and deficits to $202 billion (0.6 ...
Concept_Interest

As Debt Rises, Interest Costs Could Top $1 Trillion

The fastest growing item in the budget over the next decade will be interest on the debt, according to the Congressional Budget Office (CBO). In...
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The Two Factors That Explain the Improvement in the Budget Outlook

This year's Congressional Budget Office (CBO) budget outlook was a slight improvement over last April's, although it still shows a...
Concept_Debt

CBO: Debt-to-GDP Will Double in Three Decades

CBO’s latest baseline projected that current law debt will rise rapidly from today’s post-war record-high levels over the next decade. Buried...

Analysis of CBO’s January 2019 Budget and Economic Outlook

The Congressional Budget Office (CBO) released its Budget and Economic Outlook today, projecting high and rising deficits and debt over the next...

CBO: Debt Still on Unsustainable Path

For Immediate Release  The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade this...
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CBO Budget Projections Show Bleak Outlook

The Congressional Budget Office (CBO) has released its 2019 budget and economic projections, and the budget outlook is very bleak. CBO's baseline...

CBO: Fixing the Debt Could Increase Average Income by $6,000 Per Person

While some recent commentators have suggested Americans stop worrying about our debt, evidence shows there is a significant upside to addressing...
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CBO Releases Latest Budget Options Report

Today, the Congressional Budget Office (CBO) released its "Options for Reducing the Deficit, 2019-2028" report, featuring 121 policy options and...
Concept_Scale

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...

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