Budgets & Projections

In a speech given today at New York University, OMB Director Peter Orszag said the Administration intends to cut the deficit in half by the end of...

According to the Government Accountability Office (GAO), roughly $5.1 trillion in publicly traded U.S. Treasury bonds – or around 78 percent of our...

The federal debt held by the public, today, is almost $7.5 trillion dollars. That is around 53 percent of gross domestic product (GDP) -- higher than...

Today, House Speaker Nancy Pelosi intoduced the latest House health care reform bill, fresh with estimates from the Congressional Budget Office and...

The General Motors Acceptance Corporation (GMAC), previously owned by General Motors, has offered $2.9 billion of three-year bonds in the private debt...

House Majority Leader Nancy Pelosi will unveil legislation today for the latest House health care reform bill. While the score from the Congressional...

Yesterday the CBO delivered a cost estimate for instituting permanent Medicare physician payment updates by repealing the sustainable growth rate (SGR...

The Administration has just announced a new small business lending initiative under the Treasury’s TARP. According to a White House release, the new...

Yesterday, President Obama signed the Agriculture Appropriations bill into law. The $121 billion measure includes $58 billion for food stamps -- a 7%...

Forbes had a piece Monday by Alex Brill and Amy Roden of the American Enterprise Institute about the potential for stimulus programs to expand the...

UPDATE: Pete Davis and Donald Marron commented on this story and defend the CBO as the best way to estimate cost. Douglas Holtz-Eakin explains that...