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CBO Sees Major Trust Fund Exhaustions On The Horizon

The Congressional Budget Office estimates that three major trust funds will deplete their reserves within the next ten years, with a fourth...

Interest Spending is on Course to Triple

According to CBO's latest projections, the rising cost of interest on the debt is a significant driver of growing deficits and debt. In this...

Is CBO "Always Wrong" Because It Doesn't Understand Growth?

In dismissing projected trillion-dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should "never believe the...

Goldwein and Moller: How Congress Cheats with Our Money — and How We Can Stop It

Marc Goldwein is senior vice president and senior policy director and Zach Moller is a senior policy analyst at the Committee for a Responsible...

IMF: US is the Only Advanced Economy With Debt Rising

The International Monetary Fund (IMF) issued a new report yesterday projecting that debt as a share of GDP will decline over the next five years for...

What If Interest Rates Are 1 Point Higher? $1.9 Trillion in Extra Costs

Interest costs are the fastest growing part of the budget, with the Congressional Budget Office (CBO) projecting interest payments will more than...

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The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.

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