Budgets & Projections
Latest
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Constructing a "Current Policy" Baseline
Today, US Budget Watch released The Cost of “Current Policy”. In this analysis, we show that, while deeply troublesome, CBO’s $7.1 trillion ten-year...
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The Cost of "Current Policy"
The CBO recently projected a ten-year deficit of $7.1 trillion using a "current law" baseline. But these numbers may prove to be optimistic. CRFB...
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The Ups and Downs of Buttressing the Economy
Yesterday, the Wall Street Journal posted an article discussing the FDIC’s soon-to-be urgent need to draw money from its $500 billion Treasury line of...
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So What Will the Deficit Really Be?
Last week, the Congressional Budget Office (CBO) released its updated Budget and Economic Outlook and the Office of Management and Budget (OMB)...
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Put Another $2 Trillion on the Tab
CRFB released this report on OMB's Mid-Session Review. (We will soon release a more detailed analysis.) CBO provides a comparison chart between OMB...
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OMB's Mid-Session Review Will Show Greater Ten-Year Deficits
Late Friday the White House conceded that ten-year deficits would total around $9 trillion, according to their estimates. This is $2 trillion greater...
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Mid-Session Review to Report Lower 2009 Deficit
August 20 - Next Tuesday the Office of Management and Budget (OMB) will release their Mid-Session Review of the budget. They plan to announce that the...
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Record Monthly and Yearly U.S. Deficit
August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history. Spending in July...
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CRFB Discusses CBO Social Security Projections
August 11 - Today, CRFB released a report highlighting its take on CBO's Long-Term Projections for Social Security. Last year, the CBO projected...
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CBO Reports on Social Security
August 8 - Today, the Congressional Budget Office (CBO) released its Long-Term Projections for Social Security. According to the CBO: "Currently...