Budgets & Projections
Latest
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CRFB's Updated Realistic Baseline
With the Budget Control Act now in the books, it's time for us to update our CRFB Realistic Baseline from our projections a month ago. In addition to...
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Op-Ed: S&P Rating: How to Get Back to AAA
CNN Money | August 8, 2011 Oh, AAA credit rating -- we never knew how much we loved you until we lost you. Just one more chance, please! It's like a...
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Op-Ed: With Downgrade, Now Can We Get Serious About Debt?
CNN | August 6, 2011 You can't say we didn't have a heads up. Just a few weeks ago, S&P said: "We may lower the long-term rating on the U.S. by one or...
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CBO Releases Social Security Projections
CBO's latest Social Security projections bring no surprises to anyone familiar with the state of the program's finances. CBO projects the program to...
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Will We Have a Lower Deficit This Year Than Last Year?
Budget projections are a rather fickle thing, especially in the midst of great uncertainty about the strength of the economic recovery. By accident...
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OMB Director Jack Lew on the Defense Cuts in the Debt Deal
The main savings feature that the debt deal (the Budget Control Act) contained--outside of the joint committee--is the discretionary spending caps...
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Op-Ed: Debt Deal--We Can, and Must, Do Better
CNN | August 2, 2011 Picture a negotiation with your boss that goes something like this: You walk in with dynamite strapped to your body and demand a...
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Op-Ed: Who Won and Lost in the Debt Deal?
The Washington Post | August 2, 2011 Well, at least we didn’t default. That’s probably the best thing to say about the proposed debt deal. But the...
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Agreement on Debt Limit Increase
We have a deal (pending votes, of course). ( UPDATE: CRFB has a press release on this deal here) Last night, the leaders from both parties announced a...
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CBO Scores the Reid and Boehner Plans
Update: CBO has just released its own comparison table of the Reid and Boehner plans, where it now breaks out the war and non-war interest savings...