Budgets & Projections
Latest
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OMB Director in New York Times: "The Easy Cuts Are Behind Us"
OMB Director Jack Lew previewed President Obama’s FY2012 budget in an op-ed published in Sunday’s New York Times. The title of the piece, "The Easy...
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Erskine Bowles and Alan Simpson on CNBC
This morning the two co-chairs of the President's National Commission on Fiscal Responsibility and Reform were guests on CNBC's The Call. Erskine...
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House and Senate to Have Serious Debate Over Spending
With the House Appropriations Committee releasing their spending allocations for each subcommittee yesterday, it is useful to examine what the Senate...
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Paul Ryan Sets Spending Levels for FY 2011
Earlier today, Rep. Paul Ryan (R-WI), the chair of the House Budget Committee, unveiled new levels for discretionary spending for the remainder of FY...
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The Liberal Case for Deficit Reduction
Today on Ezra Klein's blog, Derek Thompson (who contributes to a great blog over at The Atlantic) makes the liberal case for deficit reduction. He...
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It's Baaaaaaaaaaack: Simpson-Bowles Is Reappearing
It's an interesting time in the fiscal policy world right now. A lot of uncertainty is up in the air about what will happen with our deficits and debt...
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‘Line’ Items: Super Bowl Edition
Game On – The Super Bowl in Texas won’t be until Sunday, but Washington had its own big game last week as President Obama gave his State of the Union...
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CBO Projects Social Security to Be Forever in the Red
In yesterday's Budget and Economic Outlook, CBO shows that Social Security will run deficits each year over the coming decade, depleting $547 billion...
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Sen. Rand Paul Proposes $500B in Annual Spending Cuts
Senator Rand Paul (R-KY) released his plan for cutting federal spending earlier this week in the latest in a wave of Republican spending cut proposals...
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CBO Releases January 2011 Ten-Year Outlook
CBO today released its new budget and economic update, showing higher ten-year deficit and debt projections from 2012 to 2021 than they predicted back...
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CRFB Analysis of CBO’s January 2011 Baseline
CBO now projects the 2011 deficit to reach a record-breaking $1.5 trillion, and increased its deficit projections over the 2011-2020 period by $1.4...
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Doug Elmendorf Reappointed as Director of Congressional Budget Office
Congressional leaders have agreed to reappoint Doug Elmendorf as the director of the Congressional Budget Office. Mr. Elmendorf, who has been the...