Budgets & Projections
Latest
-
Deficit Falls Slightly, Debt Will Continue to Soar, CBO Warns
The federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our nation...
-
Disgraceful
Senate vote on Baucus amendment (97-0 vote to exempt changes to Social Security from a statutory budget commission from fast-track vote in Congress).
-
The Cost of Continuing "Current Policy"
Today, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and debt...
-
Senate Faces Key Fiscal Votes This Week
The Senate will vote this week on key fiscal measures as it attempts to increase the nation’s debt ceiling. The debt limit is expected to be reached...
-
President Obama Voices Support for Deficit Commission
Here is the statement: The serious fiscal situation that our country faces reflects not only the severe economic downturn we inherited, but also years...
-
Time to Bring Back Caps
As the Senate continues its consideration of the debt ceiling today, it will consider at least three important budgetary amendments - a deficit...
-
WH, Congressmen Hold Important Talks on Fiscal Commission and PAYGO
Senior congressional Democrats late Tuesday met with the White House to attempt to hammer out a deal that would create a fiscal commission and a...
-
In Defense of the Deficit Commission
Today, the AARP sent an email to its members encouraging them not to support the Conrad-Gregg commission. A coalition of conservative anti-tax groups...
-
On the President's Spending Cuts....
Yesterday -- citing CRFB's work -- The Stephen Dinan of Washington Times wrote that President Obama, in his first year, was more successful than...
-
House Sustains Obama Veto of CR; Budgeteers Yawn
The House voted Wednesday to sustain President Obama's veto of a Continuing Resolution to keep the government funded. Huh? Confused? Why wasn't this...
-
Two Major Reports Target Debt Reduction
In the past two days, at least two new voices have joined a growing chorus of organizations warning that our federal debt is growing at an...
-
Fed Earns Money, TARP Loses It
The Federal Reserve announced, this morning, that it will transfer $46.1 billion in FY2009 profits over to the Treasury, higher than the $31.7 billion...