Budgets & Projections

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Goldman Sachs Warns that the US Fiscal Outlook is “Not Good”

In a report released last month by Goldman Sachs, Chief Economist Jan Hatzius describes the U.S. fiscal outlook as “not good.” If left unchanged...

Summarizing the FY 2019 House Budget Resolution

House Budget Committee Chairman Steve Womack (R-AR) released his Chairman's Mark of the House FY 2019 budget resolution. The budget resolution calls...

Committee for a Responsible Federal Budget Reacts to House Budget Resolution

For Immediate Release House Budget Committee Chairman Steve Womack (R-AR) introduced today a Chairman’s Mark of the Fiscal Year 2019 budget...

Gene Steuerle: Why Government Budget Estimates Are Often Wrong

Dr. Eugene (Gene) Steuerle is the Richard B. Fisher chair and Institute Fellow at the Urban Institute and a member of the Committee for a Responsible...

CBO Economic Forecasts Are Similar to the Consensus, Unlike OMB

The Congressional Budget Office's (CBO) analysis of the President's Fiscal Year (FY) 2019 budget found that the President's policies would still...

CBO’s Analysis of the President’s FY 2019 Budget

The Congressional Budget Office (CBO) released its estimate of the President’s Fiscal Year (FY) 2019 budget using its own assumptions to evaluate the...

CBO Releases Estimate of the President's Budget

The Congressional Budget Office (CBO) released its estimate of the President's 2019 budget today. The estimates show debt would continue to rise...

It Would Be Unprecedented to Not Even Consider a Budget

For Immediate Release Over a month after the statutory deadline to complete a budget, neither the House nor Senate Budget Committees have even...

Congress Has Never Failed to Propose a Budget

There has never been a year where at least one of the two congressional Budget Committees have not proposed a budget. Since the modern budget...