Let's Get Specific

Let’s Get Specific: Social Security

Social Security is getting a lot of attention these days. However, much of the discussion is centered on what not to do: don’t cut benefits; don’t raise taxes.

‘Line’ Items: (Fiscal) New Year’s (Lack of) Resolutions Edition

Should Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB presented some sobering statistics on fiscal year 2010 (see here). There is a lot that needs to be resolved; here’s hoping that solutions can be achieved for a better FY 2011.

CRFB Event: It's Time to Get Specific

With the fiscal debt clock ticking, the Committee for a Responsible Federal Budget yesterday brought together members of Congress and other fiscal experts to talk about "Let's Get Specific: Ways to Fix the Federal Budget". Facing a soaring federal debt, it's difficult to discuss how to close the fiscal gap without getting specific, CRFB Co-Chairman Bill Frenzel told those attending the half-day session.

CRFB Event: Follow Our Live Twitter Feed

CRFB hosted a policy forum on September 30th: Getting Specific: How to Fix the Budget. We will live tweeted the event on our Twitter page--http://www.twitter.com/budgethawks!

Our nation faces budget deficits for as far as the eye can see. When it comes to specific solutions to this problem, many politicians are more likely to embrace changes that would make the deficit situation worse, not better. The forum (click here for more details) will focus on a number of specific solutions to put the debt back on a sustainable path.

Forget OMB--The Onion Has Ways to Improve Efficiency

Despite OMB's best efforts to trim waste from the government, The Onion believes it is inevitable that billions and billions of dollars will be wasted on unnecessary or absurd government expenditures. So why not make that waste awesome?

CRFB President Details Options to Stabilize the Debt

In her testimony before the President’s Fiscal Commission last week, CRFB President Maya MacGuineas presented the following plan as an option to stabilize the federal debt at the popularly considered maximum, 60 percent of GDP, in response to the request for specific policies to deal with the debt. Her plan (shown in the below table) is meant to achieve the 60 percent goal in a balanced manner, while protecting the most vulnerable and promoting economic growth. What follows is only one option for stabilizing the debt—but regardless of the plan we ultimately choose, it’s time to get specific in determining exactly how we are going to fix this grave problem.

Pearlstein Comes Out with His Own Fiscal Plan

Today in the Washington Post, Steven Pearlstein took the "Deficit Challenge", proposing his own plan on how to reduce future deficits through a combination of spending and tax changes.

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