Budgets & Projections
Latest
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Newest President's Budget Estimate Shows Stable Debt
The Office of Management and Budget (OMB) today released the FY 2016 Mid-Session Review (MSR), which updates the President's budget for new data and...
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Senate Holds Hearing on Understanding America's Long-Term Fiscal Picture
Congressional Budget Office (CBO) Director Keith Hall testified Thursday before the Senate Homeland Security & Government Affairs Committee in a...
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IMF: Fiscal Reform Boosts Economic Growth
The IMF has released new research showing that fiscal reforms enhance economic growth. These findings are broadly consistent with other analysis of...
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Sources of Spending Growth in the Long Term
Over the past few weeks, we have been posting in-depth analysis of the Congressional Budget Office’s (CBO) Long-Term Outlook. In its supplemental data...
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High Debt Drags Down the Economy
According to the Congressional Budget Office (CBO), rising debt levels could reduce projected annual income by between $2,000 and $6,000 per person by...
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CBO Forecasts Costs of Climate Change
The Congressional Budget Office (CBO) has released new estimates of the cost of climate change, specifically as it relates to hurricanes. The report...
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How Uncertain Are CBO's Long-Term Projections?
Any budget projections, including CBO's long-term outlook, are inherently uncertain, and it is important to understand how projections might change...
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CBO's Outlook for Long-Term Health Care Spending
Health care spending is arguably the most important part of CBO's long-term outlook, being a key driver of our nation's growing debt over the long...
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Samuelson to Lawmakers: Spread the Pain
As Washington digests this year’s CBO Long Term-Budget Outlook, Robert J. Samuelson of The Washington Post offered up his criticism of the country’s...
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The Better Budget Process Initiative: Strengthening Statutory Budget Enforcement
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page.
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Waiting To Reduce Debt Makes It More Difficult
In their recently released long-term outlook, the Congressional Budget Office (CBO) laid out multiple scenarios for addressing our unsustainable long...
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Senate Budget Committee Hearing on CBO Long-Term Fiscal Outlook
Last week, CBO Director Keith Hall testified before the Senate Budget Committee on the release of CBO’s Long-Term Budget Outlook. Senators questioned...