Budgets & Projections
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Line Items: December Doldrums Edition
Blue Christmas? – December can be a depressing time for many. Shorter days and the stress of the holidays affect many of us. Unfortunately, the news...
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Fiscal Cliff Watch: Offers Begin to Emerge
UPDATE: Debt numbers in table have been slightly altered since the original posting. With now less than a month before the country would go over the...
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Myth Buster: Other Plans are Much Worse Than the Fiscal Cliff
We've shown that there a plenty of reasons to not go over the fiscal cliff, including that it implements fiscal consolidation in an abrupt and blunt...
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MacGuineas and Weinstein on the Fiscal Cliff
CRFB President Maya MacGuineas joined Mark Zandi of Moody's Analytics on "Face the Nation" this Sunday discussing the Fix the Debt campaign and the...
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The Tax Math of the Fiscal Cliff Discussion
In a blog post on the White House's website, National Economic Council Director Gene Sperling and Deputy Director Jason Furman argue that the math of...
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Op-Ed: The "Go Fast" and "Go Big" Fiscal Challenges
New York Times | November 30, 2012 Washington faces two urgent fiscal challenges in the next few months. Before the end of the year, the lame duck...
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CBO: Federal Government Will Hit Debt Limit in February or March
With all the attention on the fiscal cliff looming only weeks away, the fact that the federal government will hit the debt ceiling in the next few...
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Drawing Lessons from the 1990 Federal Budget Deal
Back in the late 1980s and early 1990s, lawmakers faced a serious challenge with large budget deficits. Throughout the 1980s, many measures were put...
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Myth Buster: The Fiscal Cliff Spares the Poor
Some commentators have advocated for a position of going over the fiscal cliff to leverage a better compromise. Paul Krugman called for the recently...
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TPC Releases Fiscal Cliff Tax Calculator
Yesterday, we discussed the myth that the poor would be spared by the fiscal cliff, with one of the reasons being the large tax increase at the end of...
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Line Items: Leftovers Edition
Putting the Turkeys Behind Us – We hope everyone had a good holiday weekend! As we all recover from the annual turkey-induced coma, we are especially...
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Myth Buster: Those Who Advocate for Deficit Reduction Should Love the Fiscal Cliff
In the first of our "Myth Buster" series this week, we take on the myth that those who advocate for deficit reduction should love the fiscal cliff. We...