Budgets & Projections
Latest
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Elmendorf: Health Care, Social Security, and Interest Spending Will Consume More of the Budget
In a recent presentation at Cornell University, CBO Director Doug Elmendorf explained how the budget is projected to change over time. More resources...
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House Jobs Plan Doesn't Work for the Deficit
House Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...
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Rendell: Progressives Should Get Serious About Cutting Nation’s Debt
Former Pennsylvania governor and Fix the Debt Campaign co-chair Ed Rendell (D) has penned an op-ed arguing that progressive candidates should care...
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CFR: U.S. Falling Behind Other Advanced Countries on Debt
The Council on Foreign Relations has released a new report and scorecard comparing the United States federal debt situation to other G-7 countries...
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Separating "Current Law" from A "Do Nothing" Baseline
CBO’s baseline budget projections are often referred to as “current law” since they generally assume Congress continues the laws as they are written...
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Sources of Spending Growth in CBO's Baseline
CBO's recent budget projections reaffirm that our debt problems are significant. Entitlements are projected to grow, as a result of a retiring...
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How Alternative Policies Could Affect the Budget
CBO's latest budget projections, while a slight improvement, are not good news for the country's fiscal future. Debt is higher than at any time in our...
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Newest Budget Projections Show Gloomy Fiscal Picture
The Congressional Budget Office (CBO) just released its August baseline, updating budget projections from April and economic projections from February...
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Report: Analysis of CBO's Updated Budget and Economic Forecast
Today, the Congressional Budget Office (CBO) released updated budget and economic projections for the coming decade, showing today’s record-high debt...
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Is the 2014 Budget Meeting Expectations?
The Congressional Budget Office (CBO) is set to update its budget and economic projections tomorrow, laying out the fiscal picture for the next ten...
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How to Get a Balanced Budget in Ten Years
In a New York Times article describing Republican plans if they re-take Congress next year, reporter Carl Hulse cited CRFB, saying that "balancing the...
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Resources to Help Paul Krugman Understand the Cost of Delay
In his blog this weekend, Paul Krugman suggested the cost of waiting to address our mounting national debt is relatively minor. He asks “why, exactly...