Budgets & Projections
Latest
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CBO Releases Sobering New Long Term Outlook
CBO’s Long Term Budget Outlook, released today (see our press release here), paints a more alarming picture of the U.S. debt path than had been...
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CRFB President Testifies Before President's Fiscal Commission
This afternoon, CRFB President Maya MacGuineas testified before the National Commission on Fiscal Responsibility and Reform, offering several...
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CRFB Reacts to CBO's Long Term Outlook
Today, the Congressional Budget Office (CBO) released its Long Term Budget Outlook, which paints an alarming and dismal picture of the country’s...
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Fiscal Commission Holds Public Forum
This morning, CBO Director Doug Elmendorf released CBO's long-term outlook at the third public meeting of The National Commission on Fiscal...
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Spending and Revenues in the Long Term Outlook
After much anticipation, the CBO has released its Long Term Budget Outlook, which gives the first glimpse at the long-term effects of the recently...
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Line Items: Extenders Debate Ends; Appropriations Season Begins
Extenders Put on Hold – Legislation to extend some tax breaks and expanded unemployment insurance has been put on the back burner because senators...
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Appropriations: A Train Wreck? No, Worse
Even in best years the congressional appropriations process usually results in a proverbial train wreck. And this year is shaping up to be such a bad...
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Peter's Leaving
The choice of who will replace Peter Orszag at OMB is a critical one. We were thrilled when President Obama chose Orszag, Summers, and Geithner, to be...
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‘Line’ Items: Summer Arrives Edition
Summertime, but the Living Isn’t Easy in Congress – Today brings the first official day of summer, but Washington has already been experiencing...
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OMB Keeps Chipping Away
We reported last week many times on efforts by the Obama Administration to save small chunks of change (see here, here, and here.) But they're not...
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Another Savings Idea, Brought to You by the White House
The Obama Administration has been putting out a flurry (see here and here) of modest savings proposals over the past few weeks. The latest comes in a...