Committee for a Responsible Federal Budget

Debt & Deficits

Does the President's Budget Increase the Deficit or Reduce It? (The Answer Depends on Your Baseline)

According to Obama Administraton, the President's FY2011 reduces the ten-year deficit by $2.1 trillion; or $1.2 trillion if the savings from the I

Orszag Promises Deficit Reduction Next Year

In a speech given today at New York University, OMB Director Peter Orszag said the Administration intends to cut the deficit in half by the end of

Record Monthly and Yearly U.S. Deficit

August 18 - According to Bloomberg, last month's budget deficit hit a