Committee for a Responsible Federal Budget
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Press Releases

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Nov 9, 2020 | Budgets & Projections

CBO Confirms Debt Exceeded 100% of GDP for FY 2020

For Immediate Release The Congressional Budget Office today released an end-of-year summary report for ...
Oct 16, 2020 | Budgets & Projections

Treasury Shows Record Borrowing

The Department of Treasury released its final Monthly Treasury Statement for fiscal year 2020, showing deficits totaled a record $3.1 trillion and...
Oct 8, 2020 | Budgets & Projections

The National Debt is Now Larger than the Economy

The Congressional Budget Office published its September monthly budget review today, which estimates deficits totaled a record $3.1 trillion in...
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Sep 29, 2020 | Other Spending

Presidential Candidates Ought to Share Their Plans for the Debt

For Immediate Release The first of three presidential debates will take place tonight, with much of the focus on near...
Sep 21, 2020 | Budgets & Projections

The Long-Term Debt Outlook is Unsustainable

For Immediate Release The Congressional Budget Office (CBO) released its Long-Term Budget Outlook today, which warns...
Sep 15, 2020 | Budget Process

Congress Must Reach Quick, Reasonable Funding Deal

With government funding set to expire at the end of this month, lawmakers are negotiating to avert a potential shutdown in the middle of the COVID-19...
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Sep 8, 2020 | Budgets & Projections

CBO Reports $198 Billion Deficit for August, Pushing FY 2020 Total to $3 Trillion

For Immediate Release The United States' budget deficit for the month of August was $198 billion, according to the...
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Sep 1, 2020 | Budgets & Projections

CBO’s Post-COVID Budget Baseline Reveals Magnitude of Future Fiscal Challenge

For Immediate Release The Congressional Budget Office (CBO) released its first post-COVID Budget and Economic...
Aug 26, 2020 | Other Spending

Transparency is an Essential Part of COVID Money Oversight

For Immediate Release The Pandemic Response Accountability Committee, a group of federal inspectors general charged...

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