Committee for a Responsible Federal Budget

Budgets & Projections

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More Pay-Fors Needed for Bipartisan Infrastructure Act

The Senate passed the Infrastructure Investment and Jobs Act, bipartisan legislation to increase federal infrastructure investments. The legislation...

CBO's Deficit Projections Are Higher, Here's Why

In its updated Budget and Economic Outlook , the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between Fiscal...

The Senate Budget Resolution Would Allow $1.75 Trillion of Borrowing

Senate Budget Committee Chairman Bernie Sanders (I-VT) released a budget resolution for Fiscal Year (FY) 2022 today that allows for up to roughly $1...

Reconciliation Instructions Must Not Add to the Debt

Today, Senate Budget Committee Chairman Bernie Sanders released a budget resolution to allow for up to $1.75 trillion of new borrowing through...

Comparing the True Costs of Build Back Better and the TCJA

The bipartisan Infrastructure Investment and Jobs Act and the forthcoming budget reconciliation bill – together making up the core of the "Build Back...

How Much Could Build Back Better Add to the Debt?

Note: This analysis was updated for new data and details on August 11, 2021. See the updated analysis here. While we do not have all the estimates...

Congress Should Responsibly Lift the Debt Limit

The suspension of the debt ceiling expired on July 31, at which point the ceiling was automatically raised to the current level of debt – around $28...

Policymakers Shouldn't Attach More Borrowing to a Debt Ceiling Increase

The debt ceiling , or the statutory limit on the total amount of debt the federal government can accrue, is set to come back on August 1 after being...