FY 2019 Budget

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Upcoming Congressional Fiscal Policy Deadlines

Updated 12/13/2019: Congress did not complete action on appropriations before the end of the fiscal year on Sept. 30, although lawmakers enacted...
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Q&A: Everything You Should Know About Government Shutdowns

The fiscal year began on Oct. 1, 2019, and Congress has enacted none of 12 appropriations bills setting discretionary spending levels. Lawmakers have...
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Treasury: 2019 Deficit was $984 Billion

The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled $984 billion, a $205...

Co-Chairs Daniels, Panetta, & Penny Statement on FY 2019 Deficit

For Immediate Release The Treasury Department released Friday the final deficit total for Fiscal Year 2019, which ended on September 30. Figures...

Three-Fifths of This Year's Deficit is Policymakers' Fault

The budget deficit will be almost $900 billion this year according to projections from the Congressional Budget Office (CBO). By our estimates, 60...
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Appropriations Watch: FY 2019

Here is a link to the Appropriations Watch for FY 2020. Congress passed full appropriations for the remaining seven appropriations bills...
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Feb 5, 2019 | Blog Paper Press Release

Play Debt-O During State of the Union 2019!

President Donald Trump will give his second State of the Union address tonight at 9 p.m. ET. CRFB will be live tweeting the speech, providing...
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The Government Shutdown Could Wipe Out Recent Stimulus Effects on This Quarter

The current government shutdown has lasted long enough to temporarily erase all the positive stimulus effects of recent major legislation. ...
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The Shutdown's Economic Toll Equals the Average Hurricane

The current government shutdown is the economic equivalent of a self-imposed natural disaster. As the 32nd day of the longest government shutdown in...
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Q&A: Everything You Should Know About Government Shutdowns

This paper has been updated here. The fiscal year began on Oct. 1, 2018, and Congress has passed just five out of 12 appropriations bills...

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