Budgets & Projections
Latest
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Report: Deficit Falls to $483 Billion, but Debt Continues to Rise
This paper has been updated for FY 2015 and is now located here. Original October 8th: the Congressional Budget Office (CBO) projected the FY 2014...
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Update: Falling Deficit is Not a Sign of Fiscal Sustainability
With the Treasury Department's year-end Monthly Treasury Statement having been released, we have revised last week's report today showing what the...
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How Medicare Part D's Low-Income Subsidy Could Work Better
During the recent slowdown in Medicare spending, the prescription drug portion of the program, Part D, has been the lead actor in the story. The...
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The Concern Has Always Been Long-Term Deficits
With the FY 2014 deficit continuing a trend of falling deficits over the past few years, some commentators have argued that budget hawks are...
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Delayed Action on Extenders Might Add to FY 2015 Deficit
While explaining why deficits have fallen from their historically large peak in 2009, we noted the main source of this tumble is a 43 percent rise in...
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Falling Deficit is Not a Sign of Fiscal Sustainability
With the Congressional Budget Office's (CBO) year-end Monthly Budget Review having been released, we published a report today showing what the 2014...
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Medicare Registers Fourth-Lowest Growth Rate in Program History in 2014
With today's release of the Congressional Budget Office's (CBO) final Monthly Budget Review for Fiscal Year (FY) 2014, many will be focused on the...
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Concord: Key Questions to Ask Candidates About Our Fiscal Future
The national debt is currently twice the historical average, and will grow unsustainably until Congress makes responsible changes. Voters should be...
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Hiatt: There Hasn't Been a Deficit Victory
In an op-ed in the Washington Post yesterday, editor Fred Hiatt pushed back on assertions by the Obama Administration that they have won over the...
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A Drama-Less Happy Fiscal Year!
The calendar turns over for the federal government today as FY 2015 is underway. Unlike last year, which started with the government being shut down...
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More Interesting Charts from CBO Director Elmendorf's Presentation
Earlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...