Budgets & Projections
Latest
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Financial Report of U.S. Government
The Treasury Department recently released its annual Financial Report of the U.S. Government, reporting on the budget deficit, net operating costs...
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‘Line’ Items: A Lonely Road, Paying for Jobs
Highway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as...
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“Painful, Unglamorous, and Indispensible Work of Fiscal Discipline”
Those were some of the words uttered by House Majority Leader Steny Hoyer (D-MD) today at the Brookings Institution as the latest political leader to...
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CBO/JCT Reports Roundup
A number of very interesting and relevant government reports came out the week of February 22, 2010.
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Obama Appoints Four More to the Deficit Commission
President Obama has named his remaining appointees to the Commission, including David Cote (CEO for Honeywell International), Alice Rivlin (former CBO...
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So What Does "Current Policy" Look Like?
Here at CRFB, we love constructing baselines. Whenever CBO constructs its own budget baseline, in fact, we rush to adjust it. CBO's projections, as...
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Accounting for Fannie and Freddie
An editorial yesterday in the Wall Street Journal called on the Administration to support the reform of the two housing financing enterprises...
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CBO Scores Second Senate Jobs Bill
Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...
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Democrats Named to Deficit Panel
A little less than a week after the President signed an Executive Order establishing a National Commission on Fiscal Responsibility and Reform, the...
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Happy 35th Birthday CBO!!!
According to CBO Director Doug Elmendorf: CBO is celebrating its 35th birthday! The agency was created by the Congressional Budget and Impoundment...
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Fiscal Turnarounds: International Success Stories
The U.S. is not alone in facing massive budget deficits and an exploding debt, nor is it the first country to face this type of situation. There are...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times argued that the temporarily higher federal...