Budgets & Projections
Latest
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Washington Post Praises Rigell Sequester Plan
Read moreOver the weekend, the Washington Post editorial board wrote a piece praising the sequester plan that Rep. Scott Rigell (R-VA) released last week. The...
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Update: Why Our Debt Is Still a Problem Even if Deficits Fall
Read moreSeptember 30th marked the end of the Fiscal Year, and the final numbers are in. The deficit for last year was $439 billion, according to the final...
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FY 2015 Deficit Falls to $439 Billion, but Debt Continues to Rise
Read moreThis paper was updated on October 15, 2015 to reflect the final end of year deficit as announced by the Treasury Department. The Fiscal Year (FY) 2015...
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How Would Governor Kasich's Plan Reduce Deficits?
Read moreRepublican Presidential candidate Gov. John Kasich (R-OH) has released an "Action Plan" that plots a path to (on-)budget balance by 2025. Perhaps not...
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Happy Fiscal New Year! 15 Numbers from FY 2015
Read moreToday marks the end of Fiscal Year 2015. As we look forward to the important work lawmakers face this coming year, let us also take a brief look back...
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Senate Funding Bill Would Rely on OCO Gimmick
Read moreThe Senate Appropriations Committee earlier this week posted a draft bill that would extend government funding until December 11 and avert a...
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What Will Happen If the Government Shuts Down?
Read moreHere we go again. With government funding set to expire in one week and no clear plan appearing yet, it is possible that the government will shut down...
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Fiscal FactCheck: The Second Republican Debate
Read moreThis blog is part of the “ Fiscal FactCheck ” series designed to examine the accuracy of budget-related statements made during the 2016 presidential...
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Is the National Debt $19 Trillion?
Read moreQuite a few candidates in last night’s debate mentioned the size of the national debt, but not all were able to do so successfully, with some saying...
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Auerbach-Gale Projections Also Show Unsustainable Debt Picture
Read moreAlan Auerbach and William Gale at the Tax Policy Center recently released their frequently-updated budget projections. Their new outlook is familiar...
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Sequester Offset Solutions (SOS) Plan
Read moreDownload a 1-page summary of the plan. Update 9/16/2015: The appendix was corrected to accurately describe the proposed change to federal employee...