Budgets & Projections
Latest
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Reviewing the Review: How Does It Compare to the President's Budget?
OMB's Mid-Session Review, which was released on Friday, showed lower debt and deficits over ten years than did the President's budget. Our paper on...
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Council on Foreign Relations Primes Readers on the Fiscal Cliff
The Council on Foreign Relations has joined in on those warning of the dangers of the fiscal cliff due to hit early January and unsustainable rising...
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A Deal on Appropriations Is Near
According to POLITICO's Jake Sherman and John Bresnahan, lawmakers are nearing a deal that would fund the government for the first six months of FY...
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Re-visiting the President's Budget: OMB's Mid-Session Review
The OMB has released its Mid-Session Review (MSR), essentially a re-estimate of the President's budget taking into new legislative, economic, and...
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Lieberman and Collins Stand Up for Fiscal Responsibility
Yesterday the Senate voted on two highly polarized tax plans, with a Democratic version passing 51-48 while the Republican supported bill failing to...
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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...
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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...
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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...
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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...
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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...