Budgets & Projections
Latest
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Spending and Revenues in the Mid-Session Review
Under the Administration's Mid-Session Review, the gap between spending and revenues is set to persist throughout the decade with barely any change in...
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OMB Releases Mid-Session Review
OMB has just released its Mid-Session Review, incorporating the effects of the Budget Control Act and the Super Committee's target savings into its...
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CBO's Newest Economic Projections
In CBO's latest Budget and Economic Outlook, CBO includes revised projections of various economic indicators as part of its update. Since there is...
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CBO Update on the Economic Effects of ARRA
Yesterday, CBO released an update on the effects of the American Recovery and Reinvestment Act of 2009 (ARRA) on employment and economic output in the...
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CBO's Projections Make the Case for Comprehensive Fiscal Plan
Although CBO shows debt improving significantly over the coming decade, reaching 61 percent of GDP in 2021, debt will not follow this downward path...
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CBO Releases New Budget and Economic Projections
CBO has just released its August Budget and Economic Outlook. You can find it here. Under current law, assuming policymakers make no changes to what's...
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CRFB Analyzes CBO Budget Outlook
We just released our in-depth analysis of CBO's Budget and Economic Outlook, published earlier today. In the paper we explain how CBO's current law...
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Donald Marron Wants More Fiscal Foxes
In the Christian Science Monitor, Donald Marron argues that the distinction in fiscal policy should not be between hawks and doves, but rather foxes...
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OMB Asks for Agency Cuts in 2013
On OMB's blog, OMB director Jack Lew talked about his instructions to agencies to cut 5 percent off their 2011 budget for their FY 2013 request. In...
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An In-Depth Look at the Trigger
Faithful readers of this blog know by now how the trigger contained in the Budget Control Act generally works. The BCA creates a twelve-member Joint...