Budget Projections
Latest
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States Face Huge Unfunded Liabilities in Their Pension Plans
On Tuesday, March 9, the New York Times reported about how state and local pension funds are changing their investment strategies to improve their...
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More Analysis of the President's Budget
On Friday, the Congressional Budget Office released its Preliminary Analysis of the President’s Budget. (Last week we offered a few graphs and a short...
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Are Social Security Surpluses Gone for Good?
Along with their analysis of the President's Budget, on Friday, CBO updated its Social Security projections. And as it turns out, the surpluses are...
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CBO Releases its Preliminary Analysis of the President's Budget
This afternoon CBO released its preliminary analysis of the President’s Budget, projecting a significantly worse fiscal situation than the...
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Monthly Budget Review Reports $655 billion deficit in FY 2010 Thus Far
The Congressional Budget Office issued its Monthly Budget Review yesterday. It estimates that the federal government incurred a deficit of $655...
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Financial Report of U.S. Government
The Treasury Department recently released its annual Financial Report of the U.S. Government, reporting on the budget deficit, net operating costs...
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“Painful, Unglamorous, and Indispensible Work of Fiscal Discipline”
Those were some of the words uttered by House Majority Leader Steny Hoyer (D-MD) today at the Brookings Institution as the latest political leader to...
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So What Does "Current Policy" Look Like?
Here at CRFB, we love constructing baselines. Whenever CBO constructs its own budget baseline, in fact, we rush to adjust it. CBO's projections, as...
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CBO Scores Second Senate Jobs Bill
Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...
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Cost Estimate of Senate Jobs Bill
The CBO has released its cost estimate of the Senate Jobs bill, the Hiring Incentives to Restore Employment Act, as introduced by Senator Harry Reid...
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Looking Back on President's Day
As we celebrate President’s Day, here is a look at our two presidents of the day, Washington and Lincoln, and some of their experiences with debt...
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Does the President's Budget Increase the Deficit or Reduce It? (The Answer Depends on Your Baseline)
According to Obama Administraton, the President's FY2011 reduces the ten-year deficit by $2.1 trillion; or $1.2 trillion if the savings from the Iraq...