Skip to content
RollCall logo

Podcasts

Gloomy fiscal forecast

CQ Budget, Episode No. 267

Treasury Secretary Janet Yellen, center, said the government may run out of cash to pay all its bills by early June unless the debt limit is increased.
Treasury Secretary Janet Yellen, center, said the government may run out of cash to pay all its bills by early June unless the debt limit is increased. (Tom Williams/CQ Roll Call file photo)
By David Lerman and Peter Cohn
Posted February 17, 2023 at 2:26pm

Deficits over a decade will be 20 percent higher than forecast just nine months ago, and action is needed by summer to raise the debt limit, the Congressional Budget Office said in two new reports. CQ Roll Call’s David Lerman and Peter Cohn assess the latest budget forecasts and what they may mean for the spending and debt limit battles to come.

Show Notes:

Recent Stories

Republicans were able to capitalize in November as Democratic voters drifted apart, Winston writes. Above, Donald Trump speaks at the Republican National Convention on July 18.

The great Democratic divide elects Trump twice

Rep. Dan Bishop, R-N.C., participates in a House Judiciary Committee markup of a report recommending that the House cite Attorney General Merrick B. Garland for contempt of Congress on May 16.

Rep. Bishop picked for No. 2 slot in Trump OMB after statewide loss

Patty Morin holds a picture of her daughter, Rachel, who was allegedly killed by undocumented immigrant in Maryland in 2023, during a Senate Judiciary Committee hearing Tuesday.

Senate Democrats air concerns about Trump mass deportation plan

Staff from the Office of the Attending Physician are seen leaving after checking on Senate GOP leader Mitch McConnell in his office in the Capitol. (Bill Clark/CQ Roll Call)

McConnell suffers minor injuries in fall

North Carolina Gov. Roy Cooper, here during the 2024 Democratic National Convention in Chicago in August, is a potential Senate candidate in 2026.

Don’t count out Roy Cooper in 2026

Justice Department Inspector General Michael Horowitz at a Senate hearing.

DOJ watchdog review sparks change to policy on lawmaker records