Budgets & Projections
Latest
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Short-Sightedness on Display: Changes to Pension Insurance Risk Great Future Costs
Keith Hennessey examines a provision of the two-year transportation bill that may have reduced deficits on paper, but only by potentially increasing...
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David Cote Makes the Case for a Fiscal Fix
In an appearance on Bloomberg TV, Honeywell CEO and Fiscal Commission member David Cote made the case for a fiscal plan, saying that it would be...
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Parties Discuss Sequester Working Groups
A few members of Congress are now proposing House-Senate working groups to try and negotiate a compromise that would avoid the squester. From The Hill...
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The OECD Recommends a "Go Smart" Approach
This week the OECD released its biennial Economic Surveys on the United States, with the organization's economic recommendations for policymakers. The...
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Administration May Get Even More Difficult for the IRS
It's no secret that Congress hasn't been making the IRS's life very easy. In a time of discretionary spending caps, they are looking to reduce the...
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So, You Want to Pay For a $70 Billion Spending Increase With a $200 Billion Tax Cut?
According to CNN, the White House has floated a plan to deal with the fiscal cliff, one which would turn off a few provisions temporarily. Their plan...
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Don't Delay, Fix The Cliff!
A new story is suggesting that members of Congress from both parties are trying to delay the sequester until March. This is not the first time we have...
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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...