Budgets & Projections
Latest
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Averting a Fiscal Crisis
CRFB has compiled a brief background on the scope of our nation's fiscal challenges and the drivers of our debt and deficits, while outlining some of...
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Treasury Begins Extraordinary Measures
Update 5/16: Today, Treasury has reached the legal limit on how much debt it can issue at $14.294 trillion. Beginning today, the Treasury is launching...
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The Trustees Report Is Here
With the release of the 2011 OASDI Trustees Report, there are a lot of numbers to digest, not to mention a few hundred pages to read (if you actually...
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There's a New Cap in Town
Yesterday, Rep. Connie Mack (R-FL) introduced deficit reduction legislation -- the One Percent Spending Reduction Act -- that is based on the " One...
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Between the ‘Line’s: Meetings, Plans, Halfsies and One Cent
No Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...
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Heritage Foundation Unveils New Debt-Reduction Plan
This morning, The Heritage Foundation released a comprehensive fiscal plan aimed at reducing the federal budget deficit by significantly cutting...
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Between the ‘Line’s: Limits, Meetings, Triggers, and Cloture
Bumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department this...
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CRFB Re-Estimates the Fiscal Commission's Plan
In the awesome world of budget baselines and budget options, we are graced a few times a year with updated budget projections from CBO. These updated...
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The Onion Fills in Gaps in Obama Framework
Last week we issued an analysis of the fiscal framework that President Obama recently unveiled. We noted that, while it was a strong step in the right...
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Senator Reid In Favor of 'Deficit Cap' in Debt Limit Increase
Yesterday, Senate Majority Leader Harry Reid (D-NV), proposed adding a "deficit cap" to forthcoming legislation to increase the debt ceiling. While...
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CBO: The Role of Automatic Stabilizers in Deficits
Yesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of...
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The Case for a Debt Failsafe
Yesterday, CRFB released an analysis of President Obama's new deficit reduction framework meant to save $4 trillion dollars over 12 years. Using CBO's...