Budgets & Projections
Latest
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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...
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Senators Meet To Discuss Fiscal Cliff
Earlier this week, about a third of the Senate met to open a bipartisan discussion about comprehensive fiscal reform and the impending fiscal cliff...
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CBO Really, Really Makes the Case For Strict Pay-As-You-Go Budgeting
Based on CBO's Long Term Outlook, one could conclude solely based on the debt levels projected that either we were headed on a sustainable path, with...
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CBO's Long Term Spending and Revenues
The CBO’s long-term projections offer an interesting look at future revenues and spending that show the stark implications of fiscal irresponsibility...
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Fiscal Fact Checker (Revisited): CBO's Record on Scoring the Affordable Care Act
Critics of CBO scoring like to cite past predictions that widely missed the mark. Sometimes, too, critics compare apples to oranges, and that is the...
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CBO's Long Term Outlook Has Arrived
The much-anticipated CBO Long-Term Budget Outlook has been released this morning, projecting what the budget will look like over the next 75 years...