Budgets & Projections
Latest
-
GAO: The Debt Limit Fight Cost the Treasury $1.3 Billion
With the debt ceiling projected to come back in play sometime in December or January, it is helpful to be reminded of the cost of the last debt...
-
Bernanke Once Again Warns Congress on the Fiscal Cliff
Federal Reserve Chairman Ben Bernanke addressed Senate Finance Committee on Tuesday and the House Finance Committee yesterday with more warnings about...
-
Children and the Federal Budget
The Urban Institute held an event today (video here) on children and the federal budget, which involved CRFB Senior Policy Director Marc Goldwein and...
-
Appropriations Update: The Parallel Track of the Process
Since our last Appropriations Update last month, there has not been much action on appropriations bills. On the House side, the full House has passed...
-
CRFB Dives Deeper Into the Fiscal Cliff
After the report we released in March, the topic of the fiscal cliff has risen in prominence as CBO and others have attempted to estimate the size of...
-
Judd Gregg: Five keys to a better budget
A line-by-line budget submission simply allows Congress to distract everyone, including itself, into debates over high visibility-but-small return...
-
Fiscal Fact Checker: What Caused the Swing From Surplus to Deficit?
The Hill points to a press release by Senator (and former OMB director) Rob Portman (R-OH) that claims the upper-income portion of the 2001/2003/2010...
-
How Does the Fiscal Cliff Compare to Past Deficit Reduction in the U.S.?
In evaluating the fiscal cliff, it is interesting to see how it compares to past cases where the federal government has rapidly reduced deficits. The...
-
Bill Frenzel: The Fiscal Cliff--A Hard Landing Becomes More Likely
Today on the Brookings Institution website, CRFB co-chair and former Congressman Bill Frenzel (R-MN) wrote an op-ed about the looming fiscal cliff. In...
-
Bowles and Simpson Announce Campaign to Fix the Debt on CNBC's Squawkbox
Erskine Bowles and Alan Simpson appeared alongside Warren Buffett on CNBC's Squawk Box this morning, discussing the need for Congress to pass a...
-
University Presidents Call for Balanced and Smart Deficit Reduction
The defense portion of the sequester that will hit on January 2 of next year has garnered a lot of attention, but it is not the only part of the...
-
CBO Projects DoD's Plans Will Cost More Than Their Estimates
Today, CBO has released yearly estimates of the long-term budget projections for the Department of Defense. The DoD provides a plan to Congress called...