CRFB Releases and Events

CRFB's Analysis of the FY 2015 President's Budget

The President's budget is here, and so is CRFB's analysis. Our paper breaks down the key budget metrics, the policies the President uses to get there, and the economic assumptions that underlie the document. You can read the full analysis here.

CRFB's Analysis of the Tax Reform Act

To understand Rep. Dave Camp's (R-MI) tax reform discussion draft, you could read the 194-page section-by-section summary of the bill. Or you could read the 5-page summary that we have just published, detailing the provisions, budgetary impact, and potential economic effects.

Not Stepping Backward: CRFB's Paper on Budget Gimmicks

In his recent testimony, CBO directory Doug Elmendorf argued that it would be beneficial for policymakers to make large improvements to our budgetary picture, but that small steps forward would be better than nothing, and "no steps at all would be better than stepping backward." Budget gimmicks fall squarely into that stepping backwards category by potentially offsetting real costs with phony savings.

Looking Beyond the Ten-Year Window

Our paper released yesterday detailed how our long term debt problems are far from solved, making clear the unsustainability of federal debt over the long term and how much deficit reduction remains to fix it. As policymakers consider how to achieve long term deficit reduction, they must make sure they effectively evaluate policy options available to them, and have better information on the long term impact of different policies. 

CRFB Shows that Long-Term Problems Remain Very Far From Solved

Today, CRFB has released a new paper, Our Long-Term Debt Problems Are Very Far from Solved, which shows while recent improvements may have benefited our budget outlook over the short and medium term, we have made little progress on the long term and sizable challenges still remain.

The Budget Conference Committee's First Meeting

The first meeting of the budget conference committee is today! The committee will have a month and a half to reconcile the House and Senate-passed budgets and come up with a longer-term solution on appropriations and the debt ceiling. You can watch the live proceedings on C-SPAN here right now.

Event Recap: Leon Panetta and Others Urge Action on Fiscal Issues

Yesterday, former Defense Secretary and CRFB board member Leon Panetta headlined a press conference at the National Press Club on the need for our lawmakers to come together and work toward a comprehensive debt deal.

Event Recap: CRFB Hosts 'Defining Moments in Debt'

On September 18, CRFB hosted "Defining Moments in Debt," a panel discussion at the Captial Visitor Center about the many impending "fiscal speed bumps," approaching this fall. There was widespread agreement about the severity of the upcoming debt limit and potential shutdown, as well as the unsustainablity of the budget in the long term. The panel was moderated by CNNMoney writer Jeanne Sahadi, and featured:

Streaming Live: Defining Moments for the Debt

This morning, at 9 AM Eastern time at the Capitol Visitors Center, CRFB will host "Defining Moments for the Debt," an event which will discuss the many "fiscal speed bumps" that are coming in the next month. The event will be highlighted by a heavy-hitting and diverse panel discussion, moderated by CNNMoney writer Jeanne Sahadi and featuring:

CRFB's Breakdown of the Long-Term Outlook

CBO's Long-Term Budget Outlook is a sizeable 126-page document with tons of facts and figures, and an accompanying spreadsheet with even more data. In order to help people pull out the key findings and takeaways from the report, we've condensed the document down to a concise 7-page analysis of the key facts and figures.

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