Budget Outlook | Center on Budget and Policy Priorities

Budget Outlook

Report

Long-Term Budget Outlook Has Improved Substantially Since 2010 But Remains Challenging

October 10, 2019 | Richard Kogan, Paul N. Van de Water and Kathleen Bryant

The nation’s projected long-term finances have notably improved, largely due to significant reductions in prospective health care cost growth and interest rates.

Program Spending Outside Social Security and Medicare Historically Low as a Percent of GDP and Projected to Fall Further

March 8, 2019

Report

Putting the Size of the Needed COVID-19 Fiscal Response in Perspective

July 24, 2020

Report

Rising Federal Debt Should Not Shortchange Response to COVID-19 Crisis

September 9, 2020

Blog

New CBO Budget Projections Are Cause for Concern — Not Alarm

April 9, 2018 | Paul N. Van de Water

Report

2017 Tax Law Heightens Need for More Revenues

November 15, 2018 | Paul N. Van de Water

New on this Topic

Blog

Latest CBO Projections Show Federal Interest Payments to Remain Low for Several Years

February 24, 2021

Letter

Economic Think Tank Leaders Urge Policymakers to Pass Robust COVID Relief to Control the Virus, Address Hardship, Boost Economy

February 1, 2021

Blog

Federal Interest Payments — the Cost of Debt — Are Low

January 15, 2021

Report

Rising Federal Debt Should Not Shortchange Response to COVID-19 Crisis

September 9, 2020

Policy Basics

Deficits, Debt, and Interest

July 29, 2020

Report

Putting the Size of the Needed COVID-19 Fiscal Response in Perspective

July 24, 2020

Policy Basics

Long-term deficits and debt will affect the nation’s ability to fund important investments in the future.

We analyze long-term deficit and debt trends to illustrate the challenges we face and highlight potential solutions. We also encourage policymakers to enact measures to strengthen today’s job market as well as measures to reduce longer-term deficits.

Non-Defense Discretionary Programs

Deficits, Debt, and Interest

Experts

Joel Friedman

Latest CBO Projections Show Federal Interest Payments to Remain Low for Several Years

Concerns about growing federal debt should not dissuade policymakers from enacting additional measures to respond to COVID-19 and the economic crisis it spurred, such as those President Biden has...

Economic Think Tank Leaders Urge Policymakers to Pass Robust COVID Relief to Control the Virus, Address Hardship, Boost Economy

Speaker of the House Nancy Pelosi H-232, The Capitol Washington, DC 20515 Majority Leader Chuck Schumer S-221, The Capitol Washington, DC 20510 Minority Leader Kevin McCarthy H-204,...

Long-Term Budget Outlook Has Improved Substantially Since 2010 But Remains Challenging

Program Spending Outside Social Security and Medicare Historically Low as a Percent of GDP and Projected to Fall Further

Putting the Size of the Needed COVID-19 Fiscal Response in Perspective

Rising Federal Debt Should Not Shortchange Response to COVID-19 Crisis

New CBO Budget Projections Are Cause for Concern — Not Alarm

2017 Tax Law Heightens Need for More Revenues

New on this Topic

Latest CBO Projections Show Federal Interest Payments to Remain Low for Several Years

Economic Think Tank Leaders Urge Policymakers to Pass Robust COVID Relief to Control the Virus, Address Hardship, Boost Economy

Federal Interest Payments — the Cost of Debt — Are Low

Rising Federal Debt Should Not Shortchange Response to COVID-19 Crisis

Deficits, Debt, and Interest

Putting the Size of the Needed COVID-19 Fiscal Response in Perspective

Policy Basics

Long-term deficits and debt will affect the nation’s ability to fund important investments in the future.

Experts

Latest CBO Projections Show Federal Interest Payments to Remain Low for Several Years

Economic Think Tank Leaders Urge Policymakers to Pass Robust COVID Relief to Control the Virus, Address Hardship, Boost Economy

Federal Interest Payments — the Cost of Debt — Are Low

Rising Federal Debt Should Not Shortchange Response to COVID-19 Crisis

Putting the Size of the Needed COVID-19 Fiscal Response in Perspective

Commentary: Deficit and Debt Shouldn’t Factor Into Coronavirus Recession Response

Long-Term Budget Outlook Has Improved Substantially Since 2010 But Remains Challenging

In a Recession, Put Deficit Concerns Aside

2017 Tax Law Heightens Need for More Revenues

New CBO Budget Projections Are Cause for Concern — Not Alarm