Budgets & Projections
Latest
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Is Sustained 4 Percent Annual Real Growth Achievable?
In response to a question about his plan for 4 percent economic growth, former Gov. Jeb Bush said, “We’ve done it 27 times since World War II. I think...
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Fiscal FactCheck: 16 Budget Myths to Watch Out For in the 2016 Campaign
Update: The original version of this paper had a mathematical typo, saying that Medicare beneficiaries get, on average, 350% more out of the program...
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Is There No Harm in Waiting to Solve Our Debt Problems?
Another debt myth is that even if the long-term debt outlook is a problem, there is no need to address the debt now – it can be dealt with later. This...
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JCT Confirms: Dynamic Scoring Doesn't Make Extenders Look Much Better
Lawmakers have so far been reluctant to pay for the group of temporary tax cuts known as the " tax extenders," instead generally just adding the cost...
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Maya MacGuineas: Debunking Budget Myths Before They Become Part of 2016 Campaign
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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With Deficits Falling, Our Debt Problems are Behind Us
Since the Great Recession, the deficit has fallen by about two-thirds, from $1.4 trillion in 2009 to $485 billion in 2014, a fact that some have used...
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Chicago Tribune Praises First Budget for Forcing Candidates to Confront the Debt
The Chicago Tribune Editorial Board recently highlighted First Budget -- an initiative co-sponsored by the Campaign to Fix the Debt and the Concord...
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Rattner Discusses Economic Problems Facing Millennials
Steven Rattner wrote an article in yesterday's The New York Times discussing the financial problems facing millennials. Rattner writes that...
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How Lawmakers Have Added to Deficits This Year
The beginning of the 114th Congress was marked by a great deal of rhetoric about fiscal responsibility and passage of a budget resolution promising a...
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Gap Widens Between Trustees and CBO on Social Security
Although the Social Security Trustees estimate the program's financial outlook has slightly improved relative to last year, the Congressional Budget...
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Social Security Costs Keep Increasing Over the Long Term
CBO's Long-Term Budget Outlook, released last month, included updated projections for Social Security and Medicare, including individuals' expected...
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Second Half of the Year Means Plenty of Fiscal Speed Bumps Ahead
As we move past the midpoint of 2015, several fiscal deadlines are fast approaching. Congress is preparing to act on two important Fiscal Speed Bumps...