Trillion Dollar Deficits | Citizens Against Government Waste

Trillion Dollar Deficits

The WasteWatcher

CBO Report Shows Trillion-Dollar Deficits and Much Worse Around the Corner

An already grim fiscal outlook grew worse in the Congressional Budget Office’s (CBO) update to its Budget and Economic Outlook for 2019 to 2029.

Peter Klensch August 21, 2019
The WasteWatcher

States Provide Solutions to Federal Budget Woes

With looming trillion-dollar deficits, it’s time for the federal government to learn a thing or two about budget process reform and other cost-savings measures from state governments. 

CAGW Staff July 12, 2019
The WasteWatcher

RSC Budget Provides Only Clear Path Toward Fiscal Responsibility

The national debt stands at more than $22 trillion, with trillion-dollar deficits right around the corner.  Entitlement spending continues to rise and is projected to make up 60 percent of spending for Fiscal Year (FY) 2020.

Peter Klensch May 2, 2019
The WasteWatcher

Senate Vote Reveals Democrats' True Intentions Behind Green New Deal

It is no secret that the Green New Deal is a terrible deal for taxpayers, as even Senate Democrats, despite their public support, refused to match their votes with their words.

Peter Klensch March 29, 2019
The WasteWatcher

CBO Budget Outlook Projects Debt Disaster is on the Horizon

On January 28, 2019, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2019 to 2029 and unsurprisingly, the United States’ fiscal outlook remains dreadful.

Peter Klensch January 29, 2019
The WasteWatcher

CBO Projects Strong Economic Growth in 2018 and 2019; Trillion Dollar Deficits By 2020

Today, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook for 2018 to 2028.  In order to include several important pieces of budget and spending legislation that pa

Peter Klensch April 9, 2018

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