Budgets & Projections
Latest
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Op-Ed: Education Presidents And Governors: Ain't Gonna Happen
The Government We Deserve | February 20, 2013 In last week’s State of the Union speech, President Obama put great emphasis on expanding early...
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Op-Ed: The Country Must Act to Address the Debt
US News & World Report | February 20, 2012 My old pal Erskine Bowles and I were deeply disappointed by the failure to reach agreement on a long-term...
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Simpson and Bowles Release $2.4 Trillion Deficit Reduction Framework
Today, former Fiscal Commission co-chairs and Moment of Truth Project co-founders Erskine Bowles and Alan Simpson have released a new framework...
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Op-Ed: Obama, We Need Honest Dialogue on Debt
CNN | February 16, 2013 This week the president faced the American people to talk about, among other things, the budget. He said the right things...
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Op-Ed: Memo to Congress, White House: Get Serious on Debt
Politico | February 15, 2013 The continual fiscal brinkmanship of the past two years — in which policymakers go from crisis to crisis, avoiding...
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Third Way Calls for $1.9 Trillion of Deficit Reduction
Today, Third Way has released their analysis of the February CBO Economic and Budget Update, reaching a similar conclusion to our report on the new...
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The New Target: At Least $2.4 Trillion of Additional Deficit Reduction
President Obama was recently quoted in the Washington Post as saying that an additional $1.5 trillion of deficit reduction would hit the $4 trillion...
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The CRFB Realistic Projections
Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...
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The Fiscal Speed Bumps Ahead: After the Debt Ceiling
Last month, we highlighted the “fiscal speed bumps” resulting from the fiscal cliff deal. With the signing of the bill which temporarily waived the...
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What's Changed Since August?
In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...
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The Economic Benefits of Deficit Reduction
On the same day they released their February Baseline projection, the Congressional Budget Office (CBO) released a companion report on Macroeconomic...