Budgets & Projections
Latest
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Acting Quickly on the Cliff Is Not As Important As Doing It Right
An article today in POLITICO games out four possible scenarios for how the fiscal cliff could be resolved (or not). They discuss the benefits and...
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Appropriations Update: Both Sides Moving Separately
Although a bit under the radar, the appropriations process in both the House and Senate is moving forward in a relatively timely manner (OK, maybe the...
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Don't Move the Cliff...Fix the Cliff
We're seeing more stories, in recent days, floating the idea that policymakers might waive the entire fiscal cliff, at least temporarily. One piece in...
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Senator Judd Gregg Increasingly Involved in Deficit Reduction Talks
The Hill has an informative article today on how former chair of the Senate Budget committee, former Senator Judd Gregg (R-NH) is increasingly...
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Domenici and Rivlin Testify to Senate Finance Committee
Former Director of the CBO Alice Rivlin and Former Sen. Pete Domenici testified today to the Senate Finance Committee on the long-term debt problem...
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Targeting Tobacco: The Budgetary Effects of a Cigarette Tax Increase
CBO's latest report details the full effects on the federal budget of raising the federal excise tax on cigarettes. As they would when analyzing any...
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Deficit On Track to Shrink Compared to Last Year
Although budget projections had already been showing this, we now have more definitive numbers from the Treasury Department that this year's deficit...
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Introducing CRFB's Latest Long Term Realistic Baseline
With the release of CBO's Long-Term Budget Outlook last week, CRFB has updated the Realistic Baseline to incorporate elements of CBO's long-term...
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The Drivers: Health Care Cost Growth and Population Aging
In our recent analysis of CBO's Long-Term Budget Outlook, we elaborated on how the overall federal debt is on an unsustainable path. Just twelve years...
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Economics of the Long Term Outlook
CBO's Long Term Outlook includes a number of variables on how the budget would look over the next 75 years. But they also show how the economy would...
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MY VIEW: David Walker June 2012
In Tuesday’s The Hill, former Comptroller General David Walker calls for a process that would lead to a comprehensive debt reform deal in 2013. He...