Budgets & Projections
Latest
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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...
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Senator Corker Lays Out His Plan
In an op-ed in the Washington Post, Sen. Bob Corker (R-TN) outlined a plan for replacing parts of the fiscal cliff with what he estimates to be a $4.5...
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Washington Post Endorses Chained CPI
The Washington Post has joined the many supporters of using a more accurate measure of inflation, the chained CPI. We've written a paper before about...
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Doc Fix Cost Rises
In recent weeks, we’ve heard a lot of talk about the fiscal cliff, but little of it has focused on one piece that has caused headaches for lawmakers...
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Tackling the Fiscal Cliff Myths
Over the past few weeks we've heard some misleading things about the fiscal cliff and the possible bipartisan plans that could replace the cliff. CRFB...